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Birthday : 11/01/1960 Place of birth : Robertsdale, Alabama - United States Public asset : 521,118,887 USD Country of residence : United States Linked companies : Apple Inc. - NIKE, Inc. |
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Timothy D. Cook is, since the resignation of Steve Jobs August 24, 2011, the CEO of Apple Inc.
Tim Cook grew up in Alabama. His father worked in a shipyard and his mother was a housewife. Graduated in 1982 from Auburn University in Alabama in industrial engineering, he obtained his MBA in 1988 at Duke University in North Carolina, one of the most prestigious American universities.
Tim Cook has worked for 12 years at IBM, where he supervised the production and distribution in North America and Latin America. Then, he joined Compaq and became vice president in charge of the production, the procurement and the inventory management.
Steve Jobs poached himself Tim Cook at Compaq in 1997. Tim Cook joined Apple in March 1998, a year after the return of Steve Jobs at the helm. Under the authority of Steve Jobs, Tim Cook is responsible of the supply chain managing: sales, support, customer services. He works for all markets where the company is present.
Tim Cook puts in place a strategy: the company must reduce its products range and the number of distributors and resellers. Another strategy initiated by Tim Cook: subcontracting in Asia. Tim Cook is the man of the relocation in the company.
In 2000, Tim Cook became director of international sales, and in 2004 he took head of the Macintosh division, which is responsible of MacBook, MacBook Pro and iMac.
Since that day, Mac sales are constantly raising. Tim Cook knows how to sell. These excellent results allow him to evolve in the company. In 2007 Tim Cook became Chief Operating Officer of the company.
In 2004, when Steve Jobs was convalescing after a surgery against a pancreatic cancer, Tim Cook replaced him for two years. In 2009, Steve Jobs takes leave for a liver transplant; Tim Cook is CEO during several months. In January 2011, even if he is on the sick list, Steve Jobs is always CEO but Tim Cook is at the helm of the company daily.
Tim Cook is a brilliant man and very intelligent. Less impulsive than his predecessor, he can seem emotionally detached and implacable. This is a quiet man who does very few public appearances.
Tim Cook is on the Board of Directors of Nike, where he took lessons in marketing in contact with Phil Knight, the founder of Nike.
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Anecdotes Tim Cook has received for long time the biggest salary of Apple (700,000 dollars a year, without counting his stock options which represent a benefit of $ 100 million).
Tim Cook is a fan of fitness. He enjoys hiking, biking (he admires Lance Armstrong) and spent many hours in the gym.
Two years ago, the Los Angeles Times wrote: "Cook is a workaholic and a gym addict, and he is known to be as obsessive and exacting as Jobs himself. (...) He is often the first to arrive and the last to leave the office. He starts sending e-mails to his colleagues at 4:30 am and, for years, held a conference call on Sunday evening to prepare the meetings of Monday morning. "
He lives in a rented house in Palo Alto, California.
Citations "“We have to try to get back to basics. We've been watching lots of film to find our problems. We just have to focus on all the little things.”
“We just took that experience and ran with it.”
Current positions of Tim Cook | |
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Name | Title |
Since |
Apple Inc. (Phones & Handheld Devices) |
Chief Executive Officer & Director |
2012 | NIKE, Inc. (Footwear) |
Lead Independent Director |
2005 | Duke University |
Trustee |
2015 | The National Football Foundation & College Hall of Fame, Inc. |
Director |
2010 | Robert F. Kennedy Human Rights |
Director |
2016 |
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Name | Equities | % | Valuation |
Apple Inc. (AAPL) (Phones & Handheld Devices) | 3,279,726 | 0.020% | 517,048,804 USD |
Nike, Inc. (NKE) (Footwear) | 32,639 | 0.0026% | 4,070,083 USD |
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Tim Cook : Personal Network | |
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© 2022 People and Ownership :
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Latest news about Tim Cook | |
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05/12 | TRANSCRIPT : Oak Street Health, Inc. Presents at Bank of America 2022 Healthcare Conference, May-10-2022 through May-13-2022 | CI |
05/12 | TRANSCRIPT : CCL Industries Inc., Q1 2022 Earnings Call, May 12, 2022 | CI |
05/04 | TRANSCRIPT : Oak Street Health, Inc., Q1 2022 Earnings Call, May 04, 2022 | CI |
05/03 | Apple Maryland Store Employees Launch Union Drive | MT |
04/29 | Apple sees supply issues despite upbeat results | RE |
04/28 | Apple sees bigger supply problems after strong start to year | RE |
04/28 | TRANSCRIPT : Apple Inc., Q2 2022 Earnings Call, Apr 28, 2022 | CI |
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