Close X
Tuesday, September 24, 2024
ADVT 
National

Apple's Tim Cook Got A Raise Of More Than $1 Million Last Year, Earning More Than $10 Million

Darpan News Desk The Canadian Press, 08 Jan, 2016 11:25 AM
    SAN FRANCISCO — Apple CEO Tim Cook got a raise of more than $1 million last year, though he didn't make as much as his top lieutenants.
     
    The tech company says in a filing that Cook's total pay was nearly $10.3 million, including $2 million salary, an $8 million bonus and $209,000 for private security. Apple paid five senior vice-presidents more than $25 million apiece, including stock grants worth $20 million.
     
    Cook hasn't received stock in recent years. He was given restricted grants worth $384 million in 2011, when he became CEO.
     
    Apple earned a record $53 billion profit on sales of $233.7 billion in the fiscal year ending in September. Its stock rose 15 per cent during that period, although shares have sagged recently amid worries about Apple's ability to keep growing.

    MORE National ARTICLES

    CRTC Uses Anti-spam Powers To Take Down Toronto-based Malware Server

    CRTC Uses Anti-spam Powers To Take Down Toronto-based Malware Server
    A computer infected with Dorkbot can also download other malware and compromise a system further.

    CRTC Uses Anti-spam Powers To Take Down Toronto-based Malware Server

    Son Of Slain Couple Stands By RCMP And Crown Despite Disclosure Problems

    Brett McCann has been attending a pre-trial hearing this week for Travis Vader, who is charged with two counts of first-degree murder in the 2010 deaths of Lyle and Marie McCann.

    Son Of Slain Couple Stands By RCMP And Crown Despite Disclosure Problems

    Fiat Chrysler Recalling 121,603 Dodge Darts Worldwide For Brake Issue

    Fiat Chrysler Recalling 121,603 Dodge Darts Worldwide For Brake Issue
    The recall affects 2013 and 2014 model year Darts with 2-litre and 2.4-litre engines.

    Fiat Chrysler Recalling 121,603 Dodge Darts Worldwide For Brake Issue

    Saskatchewan Premier Home From Paris, Says World Interested In Carbon Capture

    Saskatchewan Premier Home From Paris, Says World Interested In Carbon Capture
    REGINA — Saskatchewan Premier Brad Wall has returned home after attending the international climate conference in Paris, where he promoted carbon capture and storage technology.

    Saskatchewan Premier Home From Paris, Says World Interested In Carbon Capture

    Canada Lost 35,700 Jobs In November, Jobless Rate Inches Up To 7.1 Per Cent

    OTTAWA — The Canadian economy shed 35,700 jobs in November to reverse a rise in temporary work likely generated by October's federal election, Statistics Canada said Friday.

    Canada Lost 35,700 Jobs In November, Jobless Rate Inches Up To 7.1 Per Cent

    Ontario Won't Raise Mining Tax Despite Auditor's Report: Minister

    Ontario Won't Raise Mining Tax Despite Auditor's Report: Minister
    TORONTO — Northern Development and Mines Minister Michael Gravelle says the Ontario government is not going to increase the mining tax, despite the auditor general's concern about falling revenues.

    Ontario Won't Raise Mining Tax Despite Auditor's Report: Minister