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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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    Canada 'Dismayed' At Life Sentence Handed To Pastor In North Korea

    Canada 'Dismayed' At Life Sentence Handed To Pastor In North Korea
    PYONGYANG, Korea, Democratic People's Republic Of — Canada expressed dismay Wednesday at what it called an "unduly harsh" life sentence handed to a Canadian pastor in North Korea.

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    Calgary Mayor And Homebuilder Settle Defamation Lawsuit Without Costs

    CALGARY — The mayor of Calgary and a homebuilder have settled a lawsuit between them, apparently without any money changing hands.

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    Landlord Group Says Manitoba Liberal Promise Of Rent Freeze Ill-informed

    Landlord Group Says Manitoba Liberal Promise Of Rent Freeze Ill-informed
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    Landlord Group Says Manitoba Liberal Promise Of Rent Freeze Ill-informed

    India Launches Six Singaporean Satellites; 50th Launch From Sriharikota

    India Launches Six Singaporean Satellites; 50th Launch From Sriharikota
    India on Wednesday put into orbit in copy book style six Singaporean satellites that will hover about 550 km above the Earth for up to five years. It was the Indian space agency's 50th launch from here.

    India Launches Six Singaporean Satellites; 50th Launch From Sriharikota

    Worker Rescues Tiny Kitten From Conveyer Belt At Northern California Recycling Plant

    Worker Rescues Tiny Kitten From Conveyer Belt At Northern California Recycling Plant
    GALT, Calif. — A worker at a Northern California recycling centre saved a tiny kitten from certain death when he spotted the animal heading down a conveyor belt.

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    New Species Of Flightless Bird Discovered In Fossil On Vancouver Island Beach

    New Species Of Flightless Bird Discovered In Fossil On Vancouver Island Beach
    VICTORIA — A family out for a stroll on southern Vancouver Island stumbled upon the extraordinary fossilized remains of a 25-million-year-old flightless bird that has created a flap in the world of paleontology.

    New Species Of Flightless Bird Discovered In Fossil On Vancouver Island Beach