Close X
Monday, November 11, 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

    Parks Canada Launching 2016 Campground Reservation System In January

    Parks Canada Launching 2016 Campground Reservation System In January
     Parks Canada is launching its campground reservation system in January — three months earlier than it did in 2015 — to give people more time to plan their summer vacations.

    Parks Canada Launching 2016 Campground Reservation System In January

    Manitoba's Attorney General Says Province Is Ready For A Transgender Judge

    Manitoba's Attorney General Says Province Is Ready For A Transgender Judge
    WINNIPEG — Manitoba's attorney general says his province is ready for its first transgender judge, and possibly the first transgender judge in Canada.

    Manitoba's Attorney General Says Province Is Ready For A Transgender Judge

    Justice minister to review extradition case following top court ruling

    Justice minister to review extradition case following top court ruling
    The woman's ex-husband reported his three minor children missing in Georgia in 2010 as he had sole custody and the mother had no visitation rights.

    Justice minister to review extradition case following top court ruling

    October's No-Growth GDP May Spur Bank Of Canada To Cut Interest Rates: Economists

    October's No-Growth GDP May Spur Bank Of Canada To Cut Interest Rates: Economists
    Canada's economy didn't grow in October, and that has analysts wondering if the central bank could be eyeing another cut to its key lending rate.

    October's No-Growth GDP May Spur Bank Of Canada To Cut Interest Rates: Economists

    A Look At How Real Home Life Has Changed Over The Years, While The Ideal Of 'Home' Hasn't

    A Look At How Real Home Life Has Changed Over The Years, While The Ideal Of 'Home' Hasn't
    She looks at changes in technology, such as plumbing and toilets, tableware and furniture, windows and window dressings, light bulbs and kitchen gadgets, as well as changes in culture, such as marriage patterns, hopes and customs.

    A Look At How Real Home Life Has Changed Over The Years, While The Ideal Of 'Home' Hasn't

    New Brunswick Will Cover Costly Drug To Treat Young Boy With Rare Disease

    New Brunswick Will Cover Costly Drug To Treat Young Boy With Rare Disease
    New Brunswick's health minister says the province will provide interim coverage of a costly drug for a 10-year-old boy with a rare disease.

    New Brunswick Will Cover Costly Drug To Treat Young Boy With Rare Disease