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

    Flights To Canada Booked For Relatives Of Drowned Syrian Refugee Boy Alan Kurdi

    Tima Kurdi said her brother Mohammad Kurdi, along with his wife and five children, are scheduled to arrive into Vancouver the morning of Dec. 28.

    Flights To Canada Booked For Relatives Of Drowned Syrian Refugee Boy Alan Kurdi

    Another Flood At Halifax Hospital Cancels Eye Surgeries, Postpones Others

    Another Flood At Halifax Hospital Cancels Eye Surgeries, Postpones Others
    HALIFAX — Eye surgeries at the QEII Health Sciences Centre in Halifax were cancelled Monday because of a flood.

    Another Flood At Halifax Hospital Cancels Eye Surgeries, Postpones Others

    Man Charged In Death Of New Brunswick Woman Who Disappeared In Grenada

    Man Charged In Death Of New Brunswick Woman Who Disappeared In Grenada
    ST. GEORGE'S, Grenada — Police in Grenada have charged a man in the death of a New Brunswick woman who disappeared more than a week ago after going jogging on the small Caribbean island.

    Man Charged In Death Of New Brunswick Woman Who Disappeared In Grenada

    Federal Government To Seek Advice From Abroad On How To Fire Up Economic Growth

    Federal Government To Seek Advice From Abroad On How To Fire Up Economic Growth
    TORONTO — Federal Finance Minister Bill Morneau says the new Liberal government will seek advice from experts in Canada and abroad on how to boost economic growth.

    Federal Government To Seek Advice From Abroad On How To Fire Up Economic Growth

    Fifth Raccoon Rabies Case Confirmed In Ontario

    Fifth Raccoon Rabies Case Confirmed In Ontario
    TORONTO — More vaccine-laced baits will be dropped in Ontario after wildlife officials said a fifth case of raccoon rabies had been confirmed.

    Fifth Raccoon Rabies Case Confirmed In Ontario

    Toronto Mayor John Tory Says It Would Be Impractical For Toronto To Try To Shut Down Uber

    UberHop will be a rush-hour, carpool option that links some of Toronto's busiest neighbourhoods to the downtown business district for a flat $5 fee.

    Toronto Mayor John Tory Says It Would Be Impractical For Toronto To Try To Shut Down Uber