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Tim Cook

Tim Cook

Occupation: CEO of Apple

Birthday: November 1, 1960

Age: 61

Birthplace: Mobile, Alabama , U.S.

Nationality: United States

Birth Sign: Scorpio

OVERVIEW

Timothy Donald Cook has been the chief executive officer of Apple. since 2011. Cook previously served as the company’s chief operating officer under its co-founder Steve Jobs. Since 2011 when he took over Apple, to 2020, Cook doubled the company’s revenue and profit, and the company’s market value increased from $348 billion to $1.9 trillion. Outside of Apple, Cook engages in philanthropy and has said he planned to donate his fortune to charity.

Tim Cook Career

Cook earned a Bachelor of Science in industrial engineering from Auburn University in 1982, and his MBA from Duke.

Pre-Apple

tim cook ibm

After graduating from Auburn, Cook spent 12 years in IBM’s personal computer business, eventually serving as the director of North American fulfillment. Later, he served as the chief operating officer of the computer reseller division of Intelligent Electronics. In 1997, he became the vice president for corporate materials at Compaq for six months, but soon left the position after being hired by Steve Jobs.

Apple

In 1998, Steve Jobs asked Cook to join Apple.

tim cook steve jobs

His first position was senior vice president for worldwide operations. Cook closed factories and warehouses, and replaced them with contract manufacturers. Predicting its importance, his group had invested in long-term deals such as advance investment in flash memory since 2005. This guaranteed a stable supply of what became the iPod Nano, then iPhone and iPad. Cook’s actions were recognized for keeping costs under control and generating huge profits.

In 2011, Apple’s board of directors approved a third medical leave of absence requested by Jobs. During that time, Cook was responsible for most of Apple’s day-to-day operations, while Jobs made most major decisions.

time cook becomes ceo

After Jobs resigned as CEO, Cook was named the new chief executive officer of Apple in 2011. In 2021, Cook received an approximate $750 million payout, selling more than five million shares in Apple, after marking ten years in the job

tim Cook Net Worth: $1.4 billion

Apple’s peak market cap under former founder Steve Jobs was $350 billion. When Tim was appointed CEO, many questioned how he could out-perform his predecessor. Fast forward to the present and Apple’s market cap is above $2.8 trillion.

Tim Cook’s Favorite Books

Tim Cook Homes

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