In a letter sent November 2006, Whole Foods CEO John Mackey announced that he would take nothing more than a $1 annual salary, donating the rest and all future stock options to the company's two foundations. "The tremendous success of Whole Foods Market has provided me with far more money than I ever dreamed I'd have and far more than is necessary for either my financial security or personal happiness," said Mackey. "I am now 53 years old and I have reached a place in my life where I no longer want to work for money, but simply for the joy of the work itself and to better answer the call to service that I feel so clearly in my own heart."