Close X
Friday, September 27, 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

    RCMP Hearing In Moncton On Labour Code Charges Adjourned Until January

    RCMP Hearing In Moncton On Labour Code Charges Adjourned Until January
    A hearing on alleged violations of the Canada Labour Code by the RCMP related to the force's response to a deadly shooting rampage last year in Moncton, N.B., has been adjourned until next year.

    RCMP Hearing In Moncton On Labour Code Charges Adjourned Until January

    Tories Parade Of Veterans Benefits Changes To Cost $231.6 Million: PBO

    Tories Parade Of Veterans Benefits Changes To Cost $231.6 Million: PBO
    Canada's budget watchdog says a series of improvements to benefits for veterans, introduced in the waning days of the Harper government, will likely cost the federal treasury $231.6 million over the next decade.

    Tories Parade Of Veterans Benefits Changes To Cost $231.6 Million: PBO

    Saskatoon's Icy Streets Get The Better Of Stand-Up Comedian Kevin Hart

    Saskatoon's Icy Streets Get The Better Of Stand-Up Comedian Kevin Hart
    SASKATOON — A winter storm that's hitting parts of the Prairies is more than a match for comedian Kevin Hart.

    Saskatoon's Icy Streets Get The Better Of Stand-Up Comedian Kevin Hart

    Calgary Charter Airline Offers To Help Bring Syrian Refugees To Canada

    Calgary Charter Airline Offers To Help Bring Syrian Refugees To Canada
    CALGARY — A Calgary-based charter airline is offering to help the federal government bring Syrian refugees to Canada.

    Calgary Charter Airline Offers To Help Bring Syrian Refugees To Canada

    Premier Brad Wall Says Saskatchewan Will Set Up A Refugee Settlement Centre

    Premier Brad Wall Says Saskatchewan Will Set Up A Refugee Settlement Centre
    The announcement comes just days after Wall said the federal government should suspend its plan to bring in 25,000 Syrian refugees by year's end because of safety concerns.

    Premier Brad Wall Says Saskatchewan Will Set Up A Refugee Settlement Centre

    Nanaimo Operator Accuses Shady Pot Dispensaries Of Forcing Closure Deadline

    NANAIMO, B.C. — Medical marijuana dispensaries in Nanaimo, B.C., have until the end of the day to decide if they will shut their doors or risk criminal charges.

    Nanaimo Operator Accuses Shady Pot Dispensaries Of Forcing Closure Deadline