William Ruprecht, the Chief Executive for Sotheby’s, saw a 10 percent decrease in pay last year, taking home $6.3 million, after the auction house saw a 37% drop in profits.  Sotheby’s took home a final profit of $108.3 million in 2012, while auction sales dropped 10% to $3.8 billion and its stock price rose 17% in 2012.Read more at Bloomberg
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Sotheby’s CEO Took Home $6.3 Million in 2012