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

    Methanol Found In Guy Turcotte's System Equivalent To Drinking 3 To 5 Beers

    Methanol Found In Guy Turcotte's System Equivalent To Drinking 3 To 5 Beers
    Toxicologist Anne-Marie Faucher had previously testified she found a potentially fatal dose of methanol in Turcotte's system the day after the February 2009 slayings of Olivier, 5, and Anne-Sophie, 3.

    Methanol Found In Guy Turcotte's System Equivalent To Drinking 3 To 5 Beers

    Airbnb Introduces A Broader Insurance Coverage Policy For Canadians

    Airbnb Introduces A Broader Insurance Coverage Policy For Canadians
    TORONTO — Airbnb is adding a new level of insurance coverage in Canada as part of wider support for people who list their properties through its service.

    Airbnb Introduces A Broader Insurance Coverage Policy For Canadians

    'Grain Is Dangerous:' Family Of Saskatchewan Boy, Grandfather Killed On Farm Wants Awareness

    'Grain Is Dangerous:' Family Of Saskatchewan Boy, Grandfather Killed On Farm Wants Awareness
    When Dennis Becker saw his grandson sinking in a semi-trailer loaded with grain, he did all he could to save him.

    'Grain Is Dangerous:' Family Of Saskatchewan Boy, Grandfather Killed On Farm Wants Awareness

    Harper Comments On Islam Damaged Relations With Muslims: Former CSIS Analyst

    Harper Comments On Islam Damaged Relations With Muslims: Former CSIS Analyst
    Stephen Harper's comments about the threat of "Islamicism" strained the fragile trust federal officials built with Muslim Canadians in the fight against terrorism, says a former analyst with Canada's spy agency.

    Harper Comments On Islam Damaged Relations With Muslims: Former CSIS Analyst

    Mother Pleads For Body Of Son As Bail Hearing Continues In Halifax Murder Case

    Mother Pleads For Body Of Son As Bail Hearing Continues In Halifax Murder Case
    Sandeson, who was enrolled in medical school at Dalhousie, was charged on Aug. 20, four days after Samson was reported missing in Halifax.

    Mother Pleads For Body Of Son As Bail Hearing Continues In Halifax Murder Case

    Obama Envoy Salutes Incoming PM Trudeau: 'Good, Smart, Caring Man'

    Obama Envoy Salutes Incoming PM Trudeau: 'Good, Smart, Caring Man'
    The U.S. ambassador to Canada expressed excitement Wednesday about working with the future leader, whom he says he's already gotten to know socially during his time in opposition.

    Obama Envoy Salutes Incoming PM Trudeau: 'Good, Smart, Caring Man'