Tim Cook Takes $1.6 Million Pay Cut After Apple Misses Targets

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Tim Cook Takes $1.6 Million Pay Cut After Apple Misses Targets

· apple has slashed the total pay of its chief executive officer, tim cook , citing the company’s performance as a factor behind the pay cut , according to a regulatory filing on friday. · cupertino — apple ceo tim cook ’s total pay was reduced in 2016 because of the company’s below-par performance, apple said friday in a regulatory filing. During the tech giant’s 2016. Sign up for the nfl newsletter! · 100 skulls and mummified body parts found in a pennsylvania grave robbery case, police say · last year, however, cook took a 15% pay cut , down to $8. 7 million. Though he received a raise to a $3 million base salary, his cash incentives dropped down to $5. 4 million due to the. Local news, sports, business, politics, entertainment, travel, restaurants and opinion for seattle and the pacific northwest. Nfl rumors, news and videos from the best sources on the web.

Apple’s Tim Cook takes rare CEO pay cut after pushback

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