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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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    Calgarians Waiting For 'other Shoe To Drop' Over Energy Woes: Mayor Naheed Nenshi

    Calgary's mayor says plunging oil prices haven't had as dire an effect on the city as most had expected, but many in the industry are still waiting for the "other shoe to drop."

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    Closing Arguments In First-Degree Murder Trial Of Guy Turcotte Next Week

    Toxicologist and Crown expert Martin Laliberte was cross-examined by the defence today, concluding the presentation of evidence for both sides.

    Closing Arguments In First-Degree Murder Trial Of Guy Turcotte Next Week

    Montreal Begins Receiving Water Sample Data From St. Lawrence Sewage Discharge

    Montreal Begins Receiving Water Sample Data From St. Lawrence Sewage Discharge
    Richard Fontaine, head of waste water management, said the first sets of data will come from testing for fecal bacteria in the water, while results of chemical testing take roughly 96 hours to complete.

    Montreal Begins Receiving Water Sample Data From St. Lawrence Sewage Discharge

    Amazon Rapped Over Book By Notorious Sexual Sadist And Killer Paul Bernardo

    Amazon Rapped Over Book By Notorious Sexual Sadist And Killer Paul Bernardo
    Irrespective of the law, Tim Danson said responsible corporate entities have a duty to make good-taste judgments.

    Amazon Rapped Over Book By Notorious Sexual Sadist And Killer Paul Bernardo

    Canada Won't Announce Reduction Targets At Climate Summit, Minister Suggests

    Canada Won't Announce Reduction Targets At Climate Summit, Minister Suggests
    Prime Minister Justin Trudeau is scheduled to attend the COP21 international climate summit, and has invited the premiers to join him.

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    Heritage Minister Melanie Joly To Quickly Decide Fate Of Controversial Victims Of Communism Monument

    Heritage Minister Melanie Joly To Quickly Decide Fate Of Controversial Victims Of Communism Monument
    OTTAWA — Newly minted Heritage Minister Melanie Joly is promising a prompt decision on plans for a controversial memorial to victims of communism.

    Heritage Minister Melanie Joly To Quickly Decide Fate Of Controversial Victims Of Communism Monument