Close X
Friday, September 20, 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

    Group trying to stop 2nd Saskatoon hotel from holding hunting safari trade show

    Group trying to stop 2nd Saskatoon hotel from holding hunting safari trade show
    Last month, the Saskatoon Inn pulled out of a show by African Events Canada after receiving an online petition signed by thousands of people.

    Group trying to stop 2nd Saskatoon hotel from holding hunting safari trade show

    At Least 2,250 Veterans Are Homeless, According To Groundbreaking Analysis

    The figures come from a database which tracks 60 emergency shelters across the country.

    At Least 2,250 Veterans Are Homeless, According To Groundbreaking Analysis

    Shooting, Wild Chase Through Surrey Ends With Crash, Three Arrests In Delta

    Shooting, Wild Chase Through Surrey Ends With Crash, Three Arrests In Delta
    Mounties say a gun was seized from the car, the trio is known to them and charges are expected, but an investigation continues

    Shooting, Wild Chase Through Surrey Ends With Crash, Three Arrests In Delta

    Advisers Urge Justin Trudeau To Be Innovative In Era Of Dramatic Change

    OTTAWA — Federal advisers have told Justin Trudeau he must adopt more innovative approaches to successfully govern in the modern era.

    Advisers Urge Justin Trudeau To Be Innovative In Era Of Dramatic Change

    The Tie That Binds: Mother Of Missing Manitoba Man Starts Awareness Campaign

    The Tie That Binds: Mother Of Missing Manitoba Man Starts Awareness Campaign
    Colten Pratt, who is 26, has been missing since November 2014 and Lydia Daniels has spent the last year trying to find him.

    The Tie That Binds: Mother Of Missing Manitoba Man Starts Awareness Campaign

    Ice Jams Prompt Flooding Concerns For Homeowners Near Smithers, B.C.

    Ice Jams Prompt Flooding Concerns For Homeowners Near Smithers, B.C.
    Regional District of Bulkley-Nechako chairman Bill Miller says ice has backed up along the Bulkley River, causing water to rise and seep into basements and crawl spaces of some nearby homes.

    Ice Jams Prompt Flooding Concerns For Homeowners Near Smithers, B.C.