Close X
Saturday, November 16, 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

    Hand-Made Poppies Proudly Worn By Some Aboriginal Veterans To Show Respect

    Hand-Made Poppies Proudly Worn By Some Aboriginal Veterans To Show Respect
    About 19 million plastic poppies were distributed last year.

    Hand-Made Poppies Proudly Worn By Some Aboriginal Veterans To Show Respect

    Loss Prevention Officer In Kamloops Walmart Stabbed While Trying To Halt Shoplifter

    Loss Prevention Officer In Kamloops Walmart Stabbed While Trying To Halt Shoplifter
     A store detective is recovering in a Kamloops, B.C., hospital after attempting to stop a suspect.

    Loss Prevention Officer In Kamloops Walmart Stabbed While Trying To Halt Shoplifter

    Snow Blamed For Prince George, B.C., Crash, Storm Threatens Southern Interior

    Snow Blamed For Prince George, B.C., Crash, Storm Threatens Southern Interior
    Winter-like conditions have created mayhem on Highway 97, about 70 kilometres north of Prince George, B.C.

    Snow Blamed For Prince George, B.C., Crash, Storm Threatens Southern Interior

    Starbucks Touts Its Christmas Blend After Trump Suggests Boycott Over Plain Red Holiday Cups

    Starbucks Touts Its Christmas Blend After Trump Suggests Boycott Over Plain Red Holiday Cups
    Starbucks is pushing back against suggestions stoked by Republican presidential contender Donald Trump that this year's minimalist design for its holiday cups is a slap at Christmas.

    Starbucks Touts Its Christmas Blend After Trump Suggests Boycott Over Plain Red Holiday Cups

    No Jail For Lino Zambito, Ex-Construction Boss Turned Corruption Whistleblower

    No Jail For Lino Zambito, Ex-Construction Boss Turned Corruption Whistleblower
    Zambito will have to perform 240 hours of community work and will be on probation for three years.

    No Jail For Lino Zambito, Ex-Construction Boss Turned Corruption Whistleblower

    Wounded Afghan Soldier Capt. Trevor Greene Receives Honorary University of Victoria Degree

    Wounded Afghan Soldier Capt. Trevor Greene Receives Honorary University of Victoria Degree
    Capt. Trevor Greene continues his path to recovery following the 2006 attack while he was sipping tea with village elders near Kandahar during a peacekeeping gathering.

    Wounded Afghan Soldier Capt. Trevor Greene Receives Honorary University of Victoria Degree