Close X
Monday, September 23, 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

    Peace, Quiet And The Occasional Flashmob: How Libraries And Patrons Are Evolving

    Peace, Quiet And The Occasional Flashmob: How Libraries And Patrons Are Evolving
    HALIFAX — Libraries can conjure up images of dim, musty spaces and stern librarians with index fingers pressed to their lips, ready to shush.

    Peace, Quiet And The Occasional Flashmob: How Libraries And Patrons Are Evolving

    Canadian Man Faces DUI-Related Charges Following 4-Vehicle Crash In Florida

    Canadian Man Faces DUI-Related Charges Following 4-Vehicle Crash In Florida
    DANIA BEACH, Fla. — A Canadian man has been arrested on six DUI-related charges following a four-car crash in Florida.

    Canadian Man Faces DUI-Related Charges Following 4-Vehicle Crash In Florida

    Majority Of Quebec Schools Closed As Teachers, Public Sector Workers Off The Job

    Majority Of Quebec Schools Closed As Teachers, Public Sector Workers Off The Job
    MONTREAL — More than 400,000 government workers are off the job today across Quebec, including teachers, health-care workers and civil servants.

    Majority Of Quebec Schools Closed As Teachers, Public Sector Workers Off The Job

    Animal Activists Upset With Trophy Hunting Show Planned Planned For Trophy Hunting Show In Toronto

    Animal Activists Upset With Trophy Hunting Show Planned Planned For Trophy Hunting Show In Toronto
    Several animal rights groups are planning to protest the African Hunting Events show at a suburban Holiday Inn in mid-January.

    Animal Activists Upset With Trophy Hunting Show Planned Planned For Trophy Hunting Show In Toronto

    Ottawa May Want To Consider Targeted Steps To Cool Mortgage Borrowing: Report

    OTTAWA — The federal government may want to consider targeted steps to "lean against" the shift toward significantly bigger mortgages, a new report by the C.D. Howe Institute suggests.

    Ottawa May Want To Consider Targeted Steps To Cool Mortgage Borrowing: Report

    Canadian Tire Takes Aim At Wal-Mart In Latest Christmas Light Troubles

    A Federal Court claim filed by Canadian Tire alleges that Wal-Mart worked with two Taiwanese companies to copy the construction and packaging of its Noma Quick-Clip lights.

    Canadian Tire Takes Aim At Wal-Mart In Latest Christmas Light Troubles