Close X
Sunday, November 17, 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

    B.C. Judge Anne Wallace Who Died After Full Day At Work Remembered As 'Bright Spark'

    B.C. Judge Anne Wallace Who Died After Full Day At Work Remembered As 'Bright Spark'
     Flags were lowered Friday outside the law courts in Kelowna, B.C., to honour a judge who is being remembered for her dedication to volunteering.

    B.C. Judge Anne Wallace Who Died After Full Day At Work Remembered As 'Bright Spark'

    Good news for trick-or-treaters! Halloween weather forecast not scary

    Good news for trick-or-treaters! Halloween weather forecast not scary
    Good news, trick-or-treaters — there's nothing terribly scary about this year's Halloween forecast.

    Good news for trick-or-treaters! Halloween weather forecast not scary

    Rob Ford's bladder tumour is cancerous; former mayor describes awful pain

    Rob Ford's bladder tumour is cancerous; former mayor describes awful pain
    TORONTO — Former Toronto mayor Rob Ford says he will undergo chemotherapy to treat a new cancerous tumour doctors found on his bladder.

    Rob Ford's bladder tumour is cancerous; former mayor describes awful pain

    Toronto police issue arrest warrants for two Pan Am Games athletes

    Toronto police issue arrest warrants for two Pan Am Games athletes
    Toronto police have issued arrest warrants for two athletes who participated in the Pan Am Games in July.

    Toronto police issue arrest warrants for two Pan Am Games athletes

    Yatim could have been closer to cop before being shot, witness testifies

    Yatim could have been closer to cop before being shot, witness testifies
    TORONTO — A defence lawyer for Const. James Forcillo, who is facing murder charges in the death of an 18-year-old, is trying to show jurors that the police officer could have been closer to the teen than previously estimated.

    Yatim could have been closer to cop before being shot, witness testifies

    Hamilton bra-making school a global attraction for amateurs and professionals

    Hamilton bra-making school a global attraction for amateurs and professionals
    HAMILTON — Sophie Ndala watched her mother wrestle with ill-fitting lingerie her whole life and painstakingly alter oversize bras that nonetheless dug into her shoulders and provided little support.

    Hamilton bra-making school a global attraction for amateurs and professionals