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

    Aboriginal Leader Drops Lawsuit Against Winnipeg Teacher Over Facebook Comments

    WINNIPEG — A Manitoba indigenous leader has dropped a lawsuit against a high school teacher over Facebook comments that called aboriginals lazy.

    Aboriginal Leader Drops Lawsuit Against Winnipeg Teacher Over Facebook Comments

    Ukrainian Immigrants To Be Celebrated Throughout Saskatchewan In 2016

    Ukrainian Immigrants To Be Celebrated Throughout Saskatchewan In 2016
    REGINA — The Saskatchewan government says 2016 will be marked as the Year of Ukrainians in the province.

    Ukrainian Immigrants To Be Celebrated Throughout Saskatchewan In 2016

    Saskatchewan Premier Brad Wall Mourns Family Of Four Killed In Crash; Talks Tougher Impaired Driving

    Saskatchewan Premier Brad Wall Mourns Family Of Four Killed In Crash; Talks Tougher Impaired Driving
    REGINA — Saskatchewan Premier Brad Wall says the loss of an entire family in a crash near Saskatoon is "an unspeakable tragedy."

    Saskatchewan Premier Brad Wall Mourns Family Of Four Killed In Crash; Talks Tougher Impaired Driving

    Britain's Prince George Starts Nursery School In Norfolk

    Britain's Prince George Starts Nursery School In Norfolk
    Kensington Palace said that Prince George started nursery school Wednesday, a milestone for the young future king.

    Britain's Prince George Starts Nursery School In Norfolk

    B.C. Mine Cuts Back Because Of Low Copper Prices, Lays Off 100 Workers

    B.C. Mine Cuts Back Because Of Low Copper Prices, Lays Off 100 Workers
    The Vancouver-based company — which also owns the Mount Polley and Red Chris  mines — said it has suspended pit operations at Huckleberry but will continue milling stockpiled ore.

    B.C. Mine Cuts Back Because Of Low Copper Prices, Lays Off 100 Workers

    ! Cities Voiced Opposition To Federally Run Homeless Count, Documents Show

    ! Cities Voiced Opposition To Federally Run Homeless Count, Documents Show
    OTTAWA — The federal government is moving ahead this month with a nationally co-ordinated count of homeless people across Canada, despite opposition from cities worried that the timing would lead to inaccurate results.

    ! Cities Voiced Opposition To Federally Run Homeless Count, Documents Show