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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.

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    Greg Boswell, Scottish Climber Lives To Tell Tale Of Attack By Grizzly In The Canadian Rockies

    Greg Boswell, Scottish Climber Lives To Tell Tale Of Attack By Grizzly In The Canadian Rockies
    TORONTO — A Scottish man says he's recovering after being attacked by a grizzly bear while climbing in the Rocky Mountains. On his Facebook page, Greg Boswell says he's "OK, just a little shook up and sore."

    Greg Boswell, Scottish Climber Lives To Tell Tale Of Attack By Grizzly In The Canadian Rockies

    Canadians Borrowing More, But Delinquency Rate Lowest In More Than Six Years

    Canadians Borrowing More, But Delinquency Rate Lowest In More Than Six Years
    OTTAWA — Canadians in oil-producing provinces are having a harder time paying their bills, even as the national delinquency rate improves to its lowest level in more than six years.

    Canadians Borrowing More, But Delinquency Rate Lowest In More Than Six Years

    Complaints For Wireless Down For First Time While Internet Issues Rise: Watchdog

    Complaints For Wireless Down For First Time While Internet Issues Rise: Watchdog
    TORONTO — Canadians had fewer official complaints about their wireless communication services but more concerns about their Internet plans, according to the latest report from the telecom industry's consumer watchdog.

    Complaints For Wireless Down For First Time While Internet Issues Rise: Watchdog

    Former Calgary Hospital Worker Charged With Accessing Information On 240 People

    Former Calgary Hospital Worker Charged With Accessing Information On 240 People
    EDMONTON — A former Calgary hospital worker is facing 26 counts of accessing the health information of more than 200 people.

    Former Calgary Hospital Worker Charged With Accessing Information On 240 People

    Canadian Woman Honours Stranger Who Died After Paying For Her Groceries

    Canadian Woman Honours Stranger Who Died After Paying For Her Groceries
    Jamie-Lynne Knighten says Matthew Jackson stepped up to pay her $200-bill on Nov. 10 after her credit cards were declined at the cash register.

    Canadian Woman Honours Stranger Who Died After Paying For Her Groceries

    Canada Needs Strategy To Combat Influence Of Money In U.S. Politics: Ambassador

    OTTAWA — Canada's ambassador to the U.S. says this country needs to find a way to combat the influence of big money in American politics, which is getting in the way of the interests of both countries.

    Canada Needs Strategy To Combat Influence Of Money In U.S. Politics: Ambassador