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Tim Cook Got A Pay Cut

tim_cook_billionth_iphone

Forbes, Jay Somaney

Everyone has been talking about Apple cutting Tim Cook’s pay package for 2016 by 15% to a “mere” $8.5 million for fiscal 2016 (ended September 25, 2016). The cut in pay was mostly attributable to the cash bonus part of his annual compensation which declined as a result of the company not meeting its annual sales targets.

Don’t worry about Tim he’s going to be ok.

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