Apple’s profit slump means a pay cut for Tim Cook

Macworld
Jan 6, 2017, 11:43 am362 pts
Apple CEO Tim Cook’s total compensation took a dive for 2016, as the company missed its financial targets for the year. The company’s earnings for the year to Sept. 24 dropped 14 percent compared to a year earlier. As a result, Cook’s total compensation dropped 15 percent—despite a 50 percent rise in base…

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