While this is a fun theory to play around with, it seems like a lot to go through just to keep Ive's paycheck secret. The most likely explanation is that Ive didn't enjoy the day-to-day managerial responsibilities, so he handed off some duties to Dye and Howarth.
Stil doesn't explain why these guys apparently report to Tim Cook and not Ive.Another Yahoo non-story. Even the article admits that much (at the very end, after many have stopped reading):
Translation: We're making things up. There's a far simpler- and far more plausible - explanation.