Close X
Friday, November 15, 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

    Film And TV Jobs In Nova Scotia In Rapid Decline Since Elimination Of Film Tax Credit: NDP

    Film And TV Jobs In Nova Scotia In Rapid Decline Since Elimination Of Film Tax Credit: NDP
    The number of film and TV jobs in Nova Scotia has plunged since the provincial government eliminated a key film tax credit in the spring, the opposition New Democrats said Tuesday.

    Film And TV Jobs In Nova Scotia In Rapid Decline Since Elimination Of Film Tax Credit: NDP

    Minnesota Transportation Commissioner Acquires Canadian Consulate General Residence For $1.65M

    Minnesota Transportation Commissioner Acquires Canadian Consulate General Residence For $1.65M
    Charlie Zelle confirmed Wednesday he purchased a five-bedroom, five bathroom Minneapolis lakeshore home that has been the Canadian consulate general official residence.

    Minnesota Transportation Commissioner Acquires Canadian Consulate General Residence For $1.65M

    Canada, Denmark Should Turn Hans Island Into A Condominium: Academics

    Canada, Denmark Should Turn Hans Island Into A Condominium: Academics
    Arctic experts from Canada and Denmark are proposing a novel solution to who controls an ice-bound speck of an island midway between the two countries.

    Canada, Denmark Should Turn Hans Island Into A Condominium: Academics

    Queen Elizabeth Grants Audience To Prime Minister Justin Trudeau

    Queen Elizabeth Grants Audience To Prime Minister Justin Trudeau
    The prime minister says he's looking forward to meeting and speaking with the Queen on his way to Malta near the end of the month.

    Queen Elizabeth Grants Audience To Prime Minister Justin Trudeau

    More Of Canada's Recent University Grads Overqualified For Their Jobs: Study

    More Of Canada's Recent University Grads Overqualified For Their Jobs: Study
    OTTAWA — A new report says a growing proportion of recent university graduates are overqualified for their jobs.

    More Of Canada's Recent University Grads Overqualified For Their Jobs: Study

    Bad Move For Canada? TPP's Rules On Intellectual Property Pulled Into Spotlight

    Bad Move For Canada? TPP's Rules On Intellectual Property Pulled Into Spotlight
    Concerns voiced by Jim Balsillie over the massive Trans-Pacific Partnership treaty have intensified scrutiny of the pact's intellectual-property provisions — and whether they represent a bad deal for Canada.

    Bad Move For Canada? TPP's Rules On Intellectual Property Pulled Into Spotlight