The 25 highest-paid executives at the firms would have their salary cut by about 90% from what they received last year. They would get stock that they would have to hold for a set period of time. The Obama administration plans to significantly cut the pay of executives at the seven companies that have received the most bailout money, reacting to a growing outcry about huge new bonuses and other compensation at firms propped up by taxpayer dollars, according to people familiar with the decision.