Close X
Friday, December 13, 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

    Judge Recaps Abuse Evidence For Jury At Trial Of Man Accused Of Killing Daughter

    Judge Recaps Abuse Evidence For Jury At Trial Of Man Accused Of Killing Daughter
    TORONTO — A Toronto judge is charging the jury in the 21-year-old case of a teenager found stuffed in a burned-out suitcase.

    Judge Recaps Abuse Evidence For Jury At Trial Of Man Accused Of Killing Daughter

    B.C. Increases Homeowner Grant Threshold To $1.2 Million As Property Values Rise

    Finance Minister Mike de Jong said the skyrocketing price of some B.C. homes prompted the government to boost the threshold for those eligible for the $570 homeowners grant to $1.2 million.

    B.C. Increases Homeowner Grant Threshold To $1.2 Million As Property Values Rise

    Despite 2013 Discharge, Ex-soldier Faces Charges For Taunting Junior Officer

    Despite 2013 Discharge, Ex-soldier Faces Charges For Taunting Junior Officer
    The veteran of multiple ground tours in Afghanistan, Bosnia and Cyprus faces counts of insubordination and drunkenness — charges that could lead to two years in military prison or hundreds of dollars in fines.

    Despite 2013 Discharge, Ex-soldier Faces Charges For Taunting Junior Officer

    Ricky Gervais Guitar Being Auctioned Off By Sanctuary Housing Ikea Monkey

    Ricky Gervais Guitar Being Auctioned Off By Sanctuary Housing Ikea Monkey
    Story Book Farm Primate Sanctuary, northeast of Toronto, is now auctioning off the instrument on eBay.ca, with bids set to close on Jan. 14 at 9 p.m. ET.

    Ricky Gervais Guitar Being Auctioned Off By Sanctuary Housing Ikea Monkey

    Montreal Musician Ian Kelly Pleads For Return Of Stolen Hard Drives With New Album

    Montreal Musician Ian Kelly Pleads For Return Of Stolen Hard Drives With New Album
    Montreal indie pop-rocker Ian Kelly is offering a reward to anyone who returns stolen hard drives containing the only copies of an album he was preparing to release.

    Montreal Musician Ian Kelly Pleads For Return Of Stolen Hard Drives With New Album

    Four Wolves That Wandered Into Whitehorse Killed By Conservation Officers

    Four Wolves That Wandered Into Whitehorse Killed By Conservation Officers
    WHITEHORSE — Conservation officers in the Yukon have killed four wolves that began following people in Whitehorse neighbourhoods.

    Four Wolves That Wandered Into Whitehorse Killed By Conservation Officers