Capital: € 625 million
Age: 59
Born: 11/01/1960
Country of origin: United States of America
Source of wealth: Entrepreneurs
Last updated: 2022

Short introduction

Timothy Donald Cook (born November 1, 1960 in Mobile, Alabama, USA) is an American manager and CEO of Apple. He joined the company in March 1998. After Steve Jobs’ resignation (due to a long illness) on August 24, 2011, he took over as CEO.

Cook joined Apple in March 1998 as a senior vice president and then served as an executive vice president of worldwide sales and business. He was appointed managing director on August 24, 2011 before Jobs died in October of the year. During his tenure as chief executive, he advocated the political reform of international and national surveillance, cyber security, corporate taxation, American manufacturing and environmental protection.

In 2014, Cook became the first managing director of a Fortune 500 company that became publicly known as gay. Cook also serves on the boards of Nike, Inc., the National Football Foundation and is a trustee of Duke University. In March 2015, he said he planned to donate all of his equity to charity.

Early life

Tim grew up in Alabama. His father was a shipyard worker, his mother a housewife. Cook received a bachelor’s degree in industrial production from Auburn University in 1982 and an MBA from Fukua School at Duke University in 1988.

Career

His career started at IBM, where he worked for 12 years. He then spent six months at Compaq, vice president of corporate materials. After that he was hired by Steve Jobs and came to Apple. Tim helped former Apple CEO Steve Jobs for two months in 2004 when he was being treated for pancreatic cancer. Cook is also a member of the Nike Board of Directors.

In 2007, he was appointed Chief Operating Officer. In 2009, Tim helped Steve again for several months when Jobs was on vacation for an upcoming liver transplant. In January 2011, the Apple Board of Directors approved the medical vacation requested by Steve Jobs and Tim Cook was appointed acting CEO.

Jobs resigned on August 24, 2011 and recommended Tim Cook as CEO. On August 25, 2011, he was officially appointed Apple’s new CEO. In 2011, his “salary” (total compensation) was $ 380 million, including the annual salary and the director’s bonus. Cook also owns $ 442 million of the company’s shares.

In 2016, Tim Cook received bonus funds for the successful management of Apple and for high company quotas.

In addition to Google’s Vice President, Vint Cerf, and AT&T’s CEO, Randall Stephenson, Cook attended a summit organized by President Barack Obama on August 8, 2013, related to government surveillance and the post NSA Incident involving Edward Snowden.

After the December 2015 terrorist attack in San Bernardino, California, in which 14 people were killed by Rizwan Farook and Tashfeen Malik, the Federal Bureau of Investigation asked Apple to “unlock” an iPhone 5C used by Farook. On February 16, 2016, a federal judge, at the request of the Department of Justice, ordered Apple to create a custom iOS firmware version that investigators could use to handle the phone’s security features. Cook replied in an open letter denouncing the government’s demands as a “violation of privacy” with “frightening” consequences.

Career highlights

Tim Cook is a fitness enthusiast and loves cycling. Cook gets up every morning and does yoga. During a speech at Auburn University in 2010, he emphasized the importance of intuition for decision-making in life.

For three years, one of the most read and influential LGBT magazines has put Tim Cook on the Power List – a list of “50 of the most influential LGBTQ people in American culture today” (The 50 Most Influential LGBT People in American Culture Today). In 2012 and 2013 he came in first and in 2014 second, but with the words: “The quietly spoken tech guru could be the most powerful gay man in the world – or at least in the digital hemisphere”.

As CEO of Apple Inc., Cook regularly begins sending email at 4:30 p.m. Previously, he held employee telephone meetings on Sunday evenings to prepare for the next week. Cook announced in May 2013 that his leadership was focused on people, strategy and execution; He said, “If you do these three things right, the world is a great place.” Under Cook’s leadership, Apple has increased its donations to charity. In 2013, he hired Lisa Jackson, who previously headed the Environmental Protection Agency, to help Apple develop its renewable energy activities.

Famous quotes

“Let your joy be in your journey – not in some distant goal.” …
“It’s about finding your values, and committing to them. …
“From the onset, I wanted to pour every ounce that I had in myself into the company. …
“History rarely yields to one person, but think and never forget what happens when it does.

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