Insiders

Trump to break bread with Apple's Cook and other CEOs: sources

January 22, 2020 at 05:34 am EST

U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources familiar with the situation.

On Tuesday, Trump had dinner with executives from 25 multinational companies and organizations.

Attendees discussed their business relationship with the United States, with several executives, including the chief executives of Nokia and Ericsson, focusing on the rollout of next-generation 5G telecommunications networks in the United States.

Among other attendees of the Tuesday dinner were various Cabinet members and White House advisers, including acting Chief of Staff Mick Mulvaney, economic adviser Larry Kudlow and Treasury Secretary Steven Mnuchin.

Other scheduled attendees included SoftBank Group Corp's chief executive, Masayoshi Son, and LVMH Moët Hennessy Chairman Bernard Arnault.

The dinner was organized with the help of Trump's adviser and daughter Ivanka Trump, the source familiar with the situation said. Ivanka Trump and her husband, Jared Kushner, attended the event.

(Reporting by David Shepardson; Editing by Leslie Adler and Peter Cooney)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
LVMH	796.6 EUR	-0.03%	+0.77%	424B
SOFTBANK GROUP CORP.	7,648 JPY	-2.89%	-9.46%	74.68B
ERICSSON	56.3 SEK	+0.79%	+3.00%	17.06B
LINE CORPORATION	5,350 JPY	-.--%	-0.19%	12.52B
AT HOME GROUP INC.	36.99 USD	-0.08%	+0.22%	2.41B
SOFTBANK CORP.	1,818 JPY	-0.30%	-2.73%	55.99B
ARM HOLDINGS PLC	87.19 USD	-16.90%	-28.72%	108B

Tim Cook

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.

View full profile