Tim Cook - CEO of Apple
Tim Cook is the current CEO of Apple Inc. He began working for the organization in March of 1998. Following Steve Jobs' resignation on August 24, 2011, he was named CEO of Apple. Tim Cook has a net worth of 625.37 million dollars. He has enormous clout in the fields of technology, design, publishing, and entertainment.
Tim Cook - Biography
Here are the key highlights:
Timothy Donald Cook
November 1, 1960, Robertsdale Alabama, U.S.A
|Education||Auburn University (BS), Duke University (MBA)|
|Years with Apple|
US$1.3 billion (2020)
837,374 shares of Apple stock
Awards & Achievements
- In 2011, he was designated one of the 'World's Most Powerful People' by Forbes magazine.
- In 2015, Cook was admitted into Alabama's prestigious 'Alabama Academy of Distinction,' the state's highest honor.
- In 2015, he was awarded an honorary doctorate from 'George Washington University.'
- In 2017, the 'University of Glasgow' awarded him an honorary Doctor of Science degree.
Cook is a fitness fanatic who likes to go hiking, cycling and visiting the gym. Cook usually begins sending emails at 4:30 a.m. Cook came out as openly gay on October 29, 2014.
Tim Cook’s Net Worth
Tim Cook's yearly pay is estimated to be $3 million. He also earns a $10.7 million non-equity incentive plan and $1 million in additional income, which includes security charges of $470,246 and private aircraft use of $432,564.
Tim Cook - Early Life
Tim Cook was born on November 1st, 1960, in the hamlet of Robertsdale, Alabama. Robertsdale High School was his alma mater, and he graduated second in his class in 1978.
He went on to Auburn University in Alabama after that. Cook earned a bachelor's degree in industrial engineering in 1982. Tim Cook obtained his MBA from Duke University's Fuqua School of Business in 1988, completing his studies.
Tim Cook received the designation of Fuqua Scholar during his time at Fuqua School of Business. This honor was bestowed solely to individuals who graduated in the top 10% of their class from business schools.
Cook pursued a job in computer technology after completing his MBA. Tim was then hired by IBM, where he succeeded and rose through the ranks to become the company's North American fulfilment director.
Tim Cook worked for IBM for 12 years before joining Intelligent Electronics as the chief operating officer of the Reseller Division. After working at Intelligent Electronics, he became the vice president of corporate materials at Compaq Computer Corporation. Tim's time with Compaq, however, was brief. Tim Cook's life took a change after that when he joined Apple.
Tim Cook’s Life at Apple
Cook joined Apple in 1998 as a senior vice president of global operations after co-founder Steve Jobs pushed him to do so. Cook claims that his decision to leave Compaq and take this job was based on "gut instinct rather than good thinking."
In media sources, Cook was quoted as saying: "Rather of relying on the left half of my brain or even the people who knew me best, I went with my gut impulses. After only five minutes of my initial encounter with Steve, I wanted to throw prudence and logic to the wind and join Apple. Working for Steve Jobs was a once-in-a-lifetime opportunity, according to my sense."
Before becoming CEO, Cook was Apple's chief operating officer, in charge of the company's global sales and operations, including end-to-end supply chain management, sales activities, and service and support in all regions and countries.
He previously served as the head of Apple's Macintosh division, where he was essential in the company's ongoing development of strategic reseller and supplier relationships, assuring flexibility in the face of changing market conditions.
Cook's management abilities have been praised for being both successful and democratic. Cook, who is known for being modest and mild-mannered, keeps staff engaged and motivated by bombarding them with questions aimed to ensure that they comprehend the tasks at hand and carry out their responsibilities in a timely and effective manner.
- In 2012, Tim Cook gave $50 million to 'Stanford' hospitals, with $25 million going to a new children's hospital. He also donated $50 million to the 'Product Red' foundation, which aims to combat diseases like AIDS, tuberculosis, and malaria.
- He revealed in March 2015 that he intends to donate his whole fortune to charity. He also claimed that he would systematically pursue philanthropy.
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