Here's Why Apple CEO Tim Cook Got a Pay Cut in 2016
Apple missed its sales and profit goals in 2016 and that means a pay cut for CEO Tim Cook and other executives.
Apple (AAPL) - Get Report missed its sales and profit goals in 2016, and that means a pay cut for CEO Tim Cook and other executives. Cook saw his pay cut by about 15%. He received $8.75 million in total compensation for the year compared with the $10.28 million he received in 2015, according to an SEC filing on Friday.
This article was written by a staff member of TheStreet.
