By  on April 2, 2013

Blake Nordstrom saw his cash and total compensation fall last year — by 29 percent and 34.6 percent, respectively — as the Seattle-based retailer’s operating income fell short of target levels set by its board’s compensation committee.

Total compensation fell to $3.9 million from $6 million in 2011, while cash compensation slipped to $1.6 million from $2.3 million, according to the definitive proxy statement Nordstrom Inc. filed with the Securities and Exchange Commission on Monday.

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