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

    Police Looking For Indo-Canadian Man For SkyTrain Sexual Assault

    Police Looking For Indo-Canadian Man For SkyTrain Sexual Assault
    Metro Vancouver Transit Police are asking for the public’s help in identifying a suspect in a sexual assault on the SkyTrain.

    Police Looking For Indo-Canadian Man For SkyTrain Sexual Assault

    Alberta's Education Minister David Eggen Tells Schools To Come Up With LGBTQ Policy

    Alberta's Education Minister David Eggen Tells Schools To Come Up With LGBTQ Policy
    Alberta's education minister has sent a letter to school boards in the province reminding them that provincial law requires them to create a safe learning environment for lesbian, gay, bisexual, transgender and queer students.

    Alberta's Education Minister David Eggen Tells Schools To Come Up With LGBTQ Policy

    B.C. Man 3rd Person Charged In 2014 Death Of Northwestern Alberta Man

    B.C. Man 3rd Person Charged In 2014 Death Of Northwestern Alberta Man
    Twenty-seven-year-old Devin Pisch of Grande Prairie was killed on June 25, 2014.

    B.C. Man 3rd Person Charged In 2014 Death Of Northwestern Alberta Man

    NDP Will Be Progressive Opposition Focused On Fighting Inequality: Tom Mulcair

    Mulcair told the Canadian Union of Public Employee's national convention on Friday that his party will be a strong, progressive opposition and hold the federal Liberal government to account.

    NDP Will Be Progressive Opposition Focused On Fighting Inequality: Tom Mulcair

    Hunt On For New Site Away From Parliament Hill To Host Marquee Canada Day Party

    Hunt On For New Site Away From Parliament Hill To Host Marquee Canada Day Party
    OTTAWA — Federal officials are on the hunt for a new location for the country's marquee party for Canada Day celebrations.

    Hunt On For New Site Away From Parliament Hill To Host Marquee Canada Day Party

    Federal Employees At Federal Affairs Give Justin Trudeau Rock-star Reception

    Federal Employees At Federal Affairs Give Justin Trudeau Rock-star Reception
     Hundreds of usually buttoned-down federal civil servants gave Justin Trudeau and other members of his cabinet a rock-star reception Friday at the Lester B. Pearson building in downtown Ottawa.

    Federal Employees At Federal Affairs Give Justin Trudeau Rock-star Reception