- Capital: € 625 million
- Age: 59
- Born: 11/01/1960
- Country of origin: United States of America
- Source of wealth: Entrepreneurs
- Last updated: 2023
Short introduction
Timothy Donald Cook (born November 1, 1960 in Mobile, Alabama, USA) is an American supervisor and CEO of Apple. He joined the corporation in March 1998. After Steve Jobs` resignation (because of a protracted illness) on August 24, 2011, he took over as CEO.
Cook joined Apple in March 1998 as a senior vice chairman after which served as an govt vice chairman of global income and business. He became appointed handling director on August 24, 2011 earlier than Jobs died in October of the year. During his tenure as leader govt, he endorsed the political reform of worldwide and country wide surveillance, cyber protection, company taxation, American production and environmental protection.
In 2014, Cook have become the primary handling director of a Fortune 500 corporation that have become publicly referred to as homosexual. Cook additionally serves at the forums of Nike, Inc., the National Football Foundation and is a trustee of Duke University. In March 2015, he stated he deliberate to donate all of his fairness to charity.
Early life
Tim grew up in Alabama. His father became a shipyard worker, his mom a housewife. Cook obtained a bachelor`s diploma in business manufacturing from Auburn University in 1982 and an MBA from Fukua School at Duke University in 1988.
Career
His profession commenced at IBM, wherein he labored for 12 years. He then spent six months at Compaq, vice chairman of company materials. After that he became employed through Steve Jobs and got here to Apple. Tim helped former Apple CEO Steve Jobs for 2 months in 2004 while he became being handled for pancreatic cancer. Cook is likewise a member of the Nike Board of Directors.
In 2007, he became appointed Chief Operating Officer. In 2009, Tim helped Steve once more for numerous months while Jobs became on holiday for an upcoming liver transplant. In January 2011, the Apple Board of Directors authorized the clinical holiday asked through Steve Jobs and Tim Cook became appointed performing CEO.
Jobs resigned on August 24, 2011 and advocated Tim Cook as CEO. On August 25, 2011, he became formally appointed Apple`s new CEO. In 2011, his “earnings” (overall compensation) became $ 380 million, which include the once a year earnings and the director`s bonus. Cook additionally owns $ 442 million of the corporation`s shares.
In 2016, Tim Cook obtained bonus finances for the a hit control of Apple and for excessive corporation quotas.
In addition to Google`s Vice President, Vint Cerf, and AT&T`s CEO, Randall Stephenson, Cook attended a summit prepared through President Barack Obama on August 8, 2013, associated with authorities surveillance and the submit NSA Incident related to Edward Snowden.
After the December 2015 terrorist assault in San Bernardino, California, wherein 14 humans have been killed through Rizwan Farook and Tashfeen Malik, the Federal Bureau of Investigation requested Apple to “unlock” an iPhone 5C utilized by Farook. On February 16, 2016, a federal judge, on the request of the Department of Justice, ordered Apple to create a custom iOS firmware model that investigators should use to deal with the phone`s protection features. Cook responded in an open letter denouncing the authorities`s needs as a “violation of privacy” with “frightening” consequences.
Career highlights
Tim Cook is a health fanatic and loves cycling. Cook receives up each morning and does yoga. During a speech at Auburn University in 2010, he emphasised the significance of instinct for decision-making in life.
For 3 years, one of the maximum study and influential LGBT magazines has placed Tim Cook at the Power List – a listing of “50 of the maximum influential LGBTQ humans in American way of life today” (The 50 Most Influential LGBT People in American Culture Today). In 2012 and 2013 he got here in first and in 2014 second, however with the words: “The quietly spoken tech guru will be the maximum effective homosexual guy withinside the world – or at the least withinside the virtual hemisphere”.
As CEO of Apple Inc., Cook frequently starts sending e mail at 4:30 p.m. Previously, he held worker cellphone conferences on Sunday evenings to put together for the subsequent week. Cook introduced in May 2013 that his management became centered on humans, approach and execution; He stated, “If you do those 3 matters right, the arena is a outstanding place.” Under Cook`s management, Apple has expanded its donations to charity. In 2013, he employed Lisa Jackson, who formerly headed the Environmental Protection Agency, to assist Apple broaden its renewable power activities.
Famous quotes
- “Let your pleasure be on your journey – now no longer in a few remote goal.” …
- “It`s approximately locating your values, and committing to them. …
- “From the onset, I desired to pour each ounce that I had in myself into the corporation. …
- “History not often yields to 1 person, however assume and by no means overlook what takes place while it does.