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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.

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    RCMP Called In To Investigate Victoria Police Chief As Allegations Mount

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    VICTORIA — RCMP and two retired judges have been called in to oversee multiple investigations into a growing social media scandal involving Victoria Police Chief Frank Elsner.

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    B.C. Mines Inspector Makes 19 Recommendations Over Collapse Of Tailings Pond

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    5 Suspects Arrested After Seizure Of Cash, Drugs, Luxury Cars In Chilliwack

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    Police say search warrants were executed at five homes in the Fraser Valley city as part of a so-called dial-a-dope investigation involving organized crime.

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    Rohinie Bisesar, Indian-Origin Toronto Woman Accused In 'Unprovoked' Stabbing To Remain In Custody

    Rohinie Bisesar, Indian-Origin Toronto Woman Accused In 'Unprovoked' Stabbing To Remain In Custody
    Rohinie Bisesar smiled slightly as she was led into the prisoner's box Friday, dressed in a dark green sweatsuit. She conferred with her lawyer but did not address the court.

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    Toronto Star Decision To Scrap Website Comments Section Stirs Debate

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    WATERLOO, Ont. — News organizations have long grumbled about the barrage of hateful rhetoric in comment sections of the day's biggest stories, but when the Toronto Star decided to kill online comments earlier this week, public feedback was swift.

    Toronto Star Decision To Scrap Website Comments Section Stirs Debate

    B.C. Court Tosses Former Gang Members' Bid To Appeal Murder Convictions

    B.C. Court Tosses Former Gang Members' Bid To Appeal Murder Convictions
    VERNON, B.C. — Three members of a former Vernon, B.C., gang have lost their bid to have murder and other convictions overturned.

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