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

    Shoppers Vent Online After Best Buy Canada Site Malfunctions On Black Friday

    Shoppers Vent Online After Best Buy Canada Site Malfunctions On Black Friday
    The online backlash against Best Buy Canada began shortly after the company tweeted Thursday night that its Black Friday sales were in effect.

    Shoppers Vent Online After Best Buy Canada Site Malfunctions On Black Friday

    Nanaimo, B.C., Man Nearly Loses Thousands Of Dollars In iTunes Scam

    Nanaimo, B.C., Man Nearly Loses Thousands Of Dollars In iTunes Scam
    RCMP say the man received an email that appeared to be from Apple iTunes listing several transactions on his account, and asking him to click on a link if the charges were incorrect or fraudulent.

    Nanaimo, B.C., Man Nearly Loses Thousands Of Dollars In iTunes Scam

    Ontario Businessman Jim Estill Sponsoring 50 Syrian Families; Rallies Town To Welcome Them

    Ontario Businessman Jim Estill  Sponsoring 50 Syrian Families; Rallies Town To Welcome Them
    Jim Estill says he's spending at least $1.5 million to privately sponsor the families and help them settle in the southern Ontario city of Guelph.

    Ontario Businessman Jim Estill Sponsoring 50 Syrian Families; Rallies Town To Welcome Them

    'Black Widow' Denied Early Release By Parole Board Of Canada

    'Black Widow' Denied Early Release By Parole Board Of Canada
    MONCTON, N.B. — The Parole Board of Canada says an elderly woman known as the "Black Widow" who was convicted of spiking her newlywed husband’s coffee with tranquilizers has been denied an early release.

    'Black Widow' Denied Early Release By Parole Board Of Canada

    Elizabeth Fry Challenging Decision To Deny It Standing At Saskatchewan Inquest

    Elizabeth Fry Challenging Decision To Deny It Standing At Saskatchewan Inquest
    SASKATOON — A group that helps women in the justice system is challenging a decision by a Saskatchewan coroner to bar it from taking part in an inquest.

    Elizabeth Fry Challenging Decision To Deny It Standing At Saskatchewan Inquest

    Private Refugee Sponsoring Costly But Newcomers Better Off: Sponsor

    Private Refugee Sponsoring Costly But Newcomers Better Off: Sponsor
    MONTREAL — It was only because Feras Hariri stayed late at his in-laws' house that he and his family weren't killed by a Syrian government air strike that destroyed his home, says his brother Anas.

    Private Refugee Sponsoring Costly But Newcomers Better Off: Sponsor