Apple CEO Tim Cook to take more than 40% pay cut

[Kent Sharkey]

AP News[^]:

Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself.

Should we pass around a hat to help him make ends meet?

I mean, only USD 49 million. How could he be expected to survive? I mean bananas are what $10?

[Joe Woodbury]

Change his title to EO and save even more!

[Greg Utas]

You could then give him a bass boat, because that would be redundant with the COO, assuming they have one.

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