Close X
Friday, September 20, 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

    Marco Muzzo, Accused Drunk Driver In Crash That Killed Four To Be Tried By Judge Only

    Marco Muzzo, Accused Drunk Driver In Crash That Killed Four To Be Tried By Judge Only
    Marco Muzzo's lawyer waived the man's right to a preliminary hearing earlier Wednesday, saying there was sufficient evidence in the case to go directly to trial by judge only.

    Marco Muzzo, Accused Drunk Driver In Crash That Killed Four To Be Tried By Judge Only

    Mississauga Doctor Facing Fraud Charges After 'Complex' Police Investigation

    Mississauga Doctor Facing Fraud Charges After 'Complex' Police Investigation
    The OPP says the investigation centred around the Aims Multispecialty Clinic in the suburb just west of Toronto.

    Mississauga Doctor Facing Fraud Charges After 'Complex' Police Investigation

    New Discount Airline Set To Take Off In Seven Cities Beginning Feb. 12

    New Discount Airline Set To Take Off In Seven Cities Beginning Feb. 12
    NewLeaf Travel announced today it will fly between seven airports in Canada starting Feb. 12.

    New Discount Airline Set To Take Off In Seven Cities Beginning Feb. 12

    B.C. Law Society To Appeal Decision On Proposed Law School At Trinity Western

    B.C. Law Society To Appeal Decision On Proposed Law School At Trinity Western
    The Law Society of British Columbia is appealing a court ruling in favour of a Christian university that would ban sex outside of heterosexual marriage at its proposed law school.

    B.C. Law Society To Appeal Decision On Proposed Law School At Trinity Western

    Shaw Launches Free Mobile TV App For Video Subscribers

    Shaw Launches Free Mobile TV App For Video Subscribers
    The company says the new app is free for any of its 2.6 million existing cable TV and video subscribers.

    Shaw Launches Free Mobile TV App For Video Subscribers

    Federal Court Opens Door For Former KGB Employee To Rejoin Family In Canada

    Federal Court Opens Door For Former KGB Employee To Rejoin Family In Canada
    The federal Liberal government may be setting a new tone within the immigration department, clearing a path to reunite a former Russian KGB translator with his family in Canada, says his lawyer.

    Federal Court Opens Door For Former KGB Employee To Rejoin Family In Canada