Close X
Friday, December 13, 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

    Volkswagen Drivers Warned Of Thefts Targeting Their Cars In New Westminster

    Volkswagen Drivers Warned Of Thefts Targeting Their Cars In New Westminster
    Police says the cars aren't taken, but their catalytic converters are stolen.

    Volkswagen Drivers Warned Of Thefts Targeting Their Cars In New Westminster

    Police Team Worried About Raising Suspicions Of Terror Suspect's Wife Amanda Korody: Officer

      RCMP Sgt. Bill Kalkat has told B.C. Supreme Court that the wives of police targets are often more "switched on" and suspicious of newcomers than the targets themselves.

    Police Team Worried About Raising Suspicions Of Terror Suspect's Wife Amanda Korody: Officer

    Construction Safety Still A Concern, 35 Years After Fatal Accident: BC Fed

    Construction Safety Still A Concern, 35 Years After Fatal Accident: BC Fed
    The B.C. Federation of Labour says workers are safer than they were 35 years ago when four men died in a construction accident in downtown Vancouver

    Construction Safety Still A Concern, 35 Years After Fatal Accident: BC Fed

    Abbotsford Police Perseverance Leads To Arrest And Charge In 1999 Sexual Assault

    The attack happened on Aug. 7, 1999, when a 37-year-old woman was sexually assaulted, choked and threatened shortly after leaving a large, outdoor party

    Abbotsford Police Perseverance Leads To Arrest And Charge In 1999 Sexual Assault

    Vancouver Cyclist Dies On Seawall After Being Hit By An Object Thrown From Garbage Bin

    Vancouver Cyclist Dies On Seawall After Being Hit By An Object Thrown From Garbage Bin
    The unnamed cyclist passed a trash bin just as another man was rummaging through it, tossing items out while continuing his search.

    Vancouver Cyclist Dies On Seawall After Being Hit By An Object Thrown From Garbage Bin

    Sting On Couple Guilty Of Terror Charges Not Meant To Seem Illegal: Officer

    An undercover terrorism sting involved thousands of dollars changing hands and officers claiming access to guns and explosives, but the lead officer insisted repeatedly in court on Wednesday that the operation was in no way meant to appear criminal.

    Sting On Couple Guilty Of Terror Charges Not Meant To Seem Illegal: Officer