Close X
Saturday, September 21, 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. Man Launches Lawsuit Claiming Ownership Of $50 Million Lottery Jackpot

    B.C. Man Launches Lawsuit Claiming Ownership Of $50 Million Lottery Jackpot
    George Wilson-Tagoe says in a notice of civil claim filed in B.C. Supreme court this week that he purchased the ticket from a gas station on his way to work on March 11, 2014.

    B.C. Man Launches Lawsuit Claiming Ownership Of $50 Million Lottery Jackpot

    Edmonton To Toronto Flight Diverted To Winnipeg Due To Unruly Passenger

    Edmonton To Toronto Flight Diverted To Winnipeg Due To Unruly Passenger
    WINNIPEG — A flight from Edmonton to Toronto made an unscheduled landing in Winnipeg after a passenger allegedly became unruly.

    Edmonton To Toronto Flight Diverted To Winnipeg Due To Unruly Passenger

    Manitoba's Planned Electoral Reform Could Lead To Lower Voting Age

    Manitoba's Planned Electoral Reform Could Lead To Lower Voting Age
    WINNIPEG — The Manitoba government's plan to revamp the electoral system could lead to a younger voting age.

    Manitoba's Planned Electoral Reform Could Lead To Lower Voting Age

    Canadians Recall Their Refugee Past As They Write Cheques For Syrian Families

    Canadians Recall Their Refugee Past As They Write Cheques For Syrian Families
    HALIFAX — Writing a cheque for a Syrian refugee family gave Gabrielle Horne a powerful sense of connection to her own grandparents.

    Canadians Recall Their Refugee Past As They Write Cheques For Syrian Families

    Vancouver Police Arrest Grinches, Find Stolen Presents

    Vancouver Police Arrest Grinches, Find Stolen Presents
    Police say they received a call around 6 p.m. Christmas Eve about men breaking into a car in a downtown parking lot.

    Vancouver Police Arrest Grinches, Find Stolen Presents

    American Faces 4 Charges After Machete Attack In Downtown Toronto

    American Faces 4 Charges After Machete Attack In Downtown Toronto
    A security guard said he wasn't really thinking about much in the seconds before rushing a man who had allegedly just attacked another man with a machete in downtown Toronto.

    American Faces 4 Charges After Machete Attack In Downtown Toronto