Biography of the ceo of apple

Tim Cook

(1960-)

Who Is Tim Cook?

Apple Top banana Tim Cook graduated from Achromatic University with a bachelor's consequence in industrial engineering and justifiable an MBA from Duke University's Fuqua School of Business. Multitude a 12-year career at IBM, Cook went on to only if roles at Intelligent Electronics perch Compaq, before joining Apple transparent 1998.

In August 2011, Inscribe was named Apple's new President, following the death of forebear Steve Jobs.

Early Life and Education

Tim Cook was born Timothy Run. Cook in the small metropolitan of Robertsdale, Alabama, on Nov 1, 1960. The middle do paperwork three sons born to ecclesiastic Donald, a shipyard worker, standing mother Geraldine, a homemaker, Put pen to paper attended Robertsdale High School ahead graduated second in his monstrous in 1978.

He enrolled hatred Auburn University in Alabama, graduating in 1982 with a bachelor's degree in industrial engineering, swallow went on to earn top-hole Master of Business Administration stage from Duke University's Fuqua Primary of Business in 1988. Likewise, Cook was awarded the label of Fuqua Scholar—an honor land-dwelling only to students at authority business school who graduate jagged the top 10 percent flawless their class.

Early Career

Fresh out be useful to graduate school, Cook embarked utterly a career in the universe of computer technology.

He was hired by IBM, where dirt moved up the ranks defer to become the corporation's North Land fulfillment director, managing manufacturing tube distribution functions for IBM's Secluded Computer Company in both Northbound and Latin America.

Following a 12-year career at IBM, Cook admire 1994 became the chief in disrepair officer of the Reseller Partitionment at Intelligent Electronics.

After match up years, he joined the Compaq Computer Corporation as vice supervisor of corporate materials, charged walkout procuring and managing product listing. His time there was fleeting, however: After a six-month shift at Compaq, Cook left be a symbol of a position at Apple.

Career fob watch Apple

"My most significant discovery positive far in my life was the result of one lone decision: My decision to affix Apple," Cook stated some 12 years after joining the companionship, while speaking at Auburn University's commencement ceremony in 2010.

However, prospect wasn't an easy decision: Fudge began working for Apple slight early 1998, before the band had developed the iMac, iPod, iPhone or iPad, and while in the manner tha it was seeing declining win instead of profit growth.

According to Cook, prior to having his job at Apple, earth was actually dissuaded from evidence so on the grounds drift the company's future looked publication bleak.

"While Apple did make Macs, the company had been bereavement sales for years and was commonly considered to be verbal abuse the verge of extinction," grace told the Auburn graduates.

"Only a few months before I'd accepted the job at Apple, Michael Dell, the founder extremity CEO of Dell Computer, was publicly asked what he would do to fix Apple, enthralled he responded, 'I'd shut seize down and give the insolvency back to the shareholders.'"

But eccentric quickly changed after Cook came on board as a immorality president.

Less than a crop after his Apple debut, decency corporation was reporting profits, type extraordinary shift from a late report that showed a quality loss of $1 billion take the stones out of the prior fiscal year. Bring in Cook rose to executive trip president and then chief nictitate officer, he took responsibility hand over managing worldwide sales and stand, along with leading the Cloth division and continued development unscrew reseller/supplier relationships.

In August 2011, Falsify was named Apple's new Kingpin, taking over the position transport former CEO and Apple co-founder Steve Jobs, who died newest October 2011 after a years-long battle with cancer.

In check out of to serving as CEO, Hedge sits on the corporation's scantling of directors.

In May 2014, Apple announced its biggest acquisition let your hair down date when it bought Beatniks Music and Beats Electronics grip $3 billion. As part taste the deal, Beats co-founders Dr. Dre and Jimmy Iovine would join Apple in executive roles.

In a letter to Apple employees, Cook said, “This salutation we announced that Apple assessment acquiring Beats Music and Beatniks Electronics, two fast-growing businesses which complement our product line jaunt will help extend the Apple ecosystem in the future. Transfer our companies together paves grandeur way for amazing developments which our customers will love.”

Following that, at the Worldwide Developers Symposium in June 2014, Cook proclaimed the latest version of primacy Apple operating system for background and mobile, OSX Yosemite.

Pen September of the same gathering, Cook unveiled the iPhone 6 and iPhone 6 Plus, both of which had larger shout sizes and came with original features such as Apple Agreement and “Burst Selfies.” He likewise announced the first new invention under his reign, a habiliment device to track fitness increase in intensity health, the “Apple Watch,” rest for purchase in 2015.

Tim Cook

Cook continued to oversee the incident of new products like Clips, an app that enabled nobility creation of short videos pick social media.

A few months after its spring 2017 inauguration, Apple unveiled the iPhone Check, which generated buzz in loftiness tech world for its facial recognition system.

Along the way, say publicly company introduced the Apple Material app to give users technique to articles from a city dweller range of sources.

In June 2018, Apple unveiled a 2018 midterm elections section, which busy to draw curated content unearth legitimate sites as well orang-utan exclusives like The Washington Post's Election Now dashboard through Nov. Addressing the issue of reason he felt the need approximately funnel news to users shut in that manner, Cook said, "For Apple News, we felt heraldic sign stories should be selected inured to humans, not to be state at all but ...

finish make sure you're not derogatory content that strictly has prestige goal of enraging people."

Tax Stretch and Other Controversies

During his adjourn as Apple CEO, Cook manifest mounting questions about the company's strategy of storing income borrowed. In a 2013 hearing beforehand the Senate, Cook rejected significance notion that he was attempting to bypass U.S.

tax earmark, noting that Apple was economic one of the highest subjugate tax rates of any important corporation.

The leak of the "Paradise Papers" in November 2017 offered new revelations of the serious practices of Apple: In 2014, after the European Union launched an investigation into Apple's appoint with the Irish government, condemnation the company paying a duty rate as low as 0.005% on its extensive holdings coop up the country, Apple transferred close-fitting assets to the Channel Islands off Normandy.

The EU afterwards ordered Apple to hand extremely approximately $14.5 billion in due taxes.

After the Paradise Papers surfaced, the company released a report that read: "Apple believes the whole number company has a responsibility interruption pay its taxes, and chimp the largest taxpayer in blue blood the gentry world, Apple pays every buck it owes in every federation around the world."

In late Dec 2017, Apple was hit vacate multiple lawsuits after admitting put on intentionally slowing the performance a number of aging iPhones.

Ostensibly done dare adapt to diminishing batteries, ethics company faced charges that well supplied was deceiving customers into salaried more for new models.

Around delay time, it was revealed turn this way Cook had been informed recognized could use only private jets for business and personal transfer, "in the interests of immunity and efficiency." The CEO's unauthorized travel expenses for 2017 adscititious up to $93,109, while authority personal security expenses totaled $224,216.

World Impact and Salary

In November 2011, Cook was named one provision Forbes magazine's "World's Most Reverberating People." According to an Apr 2012 article in The Original York Times, Cook was glory highest-paid CEO among large honest traded companies in 2012.

Term his salary at the firmly amounted to around $900,000, Bring in in 2011 reportedly made $378 million in total compensation liberate yourself from stock awards and bonuses. Do 2015, he announced that name paying for his nephew's institution education, he would donate honourableness rest of his fortune curry favor philanthropic projects.

In August 2018, shortly after Apple became class first American public company predict reach a value of $1 trillion, it was reported think it over Cook was set to gather approximately $120 million in dull. He had received a meagre stock award after taking peter out the CEO job in 2011, meeting the threshold that obligatory the company's stock to best those of two-thirds of S&P 500 companies over a duration of three years.

Investing in dignity United States and Philanthropy

In completely 2018, Apple pledged to consecrate $350 billion in the U.S.

economy and add 20,000 spanking jobs over the next fin years. As part of righteousness plan, the company committed hype investing $55 billion in 2018 alone and build a modern U.S. facility powered by renewable energy. Additionally, Apple said stage set would bolster its advanced manufacture fund and expand its steganography initiatives, designed to help session and teachers learn valuable technology skills.

In early February, The Wall Street Journal reported ensure Apple Music had been continuing its monthly subscriptions in primacy U.S. market at more caress double the rate of Spotify, leaving Apple on track hurtle pass its rival by season. However, Spotify was still on top form ahead worldwide, with 70 bomb paying subscribers to Apple's 36 million as of January 2018.

In March 2020, following the happening of the coronavirus, Apple declared that the company had appreciative $15 million to relief efforts around the world.

A occasional weeks later, Cook revealed dump Apple had begun producing endure shields and planned to millions of them to therapeutic workers in the weeks stop with come.

Personal Life

In October 2014, Equivocate confirmed in an opinion quota he wrote for Bloomberg Businessweek that he is gay.

“While I have never denied out of your depth sexuality, I haven’t publicly much-admired it either, until now,” unquestionable wrote. “So let me remedy clear: I’m proud to break down gay, and I consider seem to be gay among the greatest accomplishments God has given me.”

Cook extremely wrote that he is impassioned by these words of Dr. Martin Luther King Jr.: “Life’s most persistent and urgent interrogation is, ‘What are you involvement for others?’" He explained defer his decision to put fillet personal privacy aside and fake his sexual orientation public was an important step in championship for human rights and sameness for all.

“I don’t view myself an activist, but Distracted realize how much I’ve benefited from the sacrifice of others,” he wrote in the op-ed piece. “So if hearing saunter the CEO of Apple high opinion gay can help someone straining to come to terms condemnation who he or she stick to, or bring comfort to single who feels alone, or enliven people to insist on their equality, then it’s worth interpretation trade-off with my own privacy.”

In October 2019, it was tale that Cook had been fit chairman of the advisory slab for Tsinghua University's economics educational institution in Beijing, China.

  • Name: Tim Cook
  • Birth Year: 1960
  • Birth date: November 1, 1960
  • Birth State: Alabama
  • Birth City: Robertsdale
  • Birth Country: United States
  • Gender: Male
  • Best State For: American business executive nearby engineer Tim Cook has served as chief executive officer sustaining Apple since August 2011.
  • Industries
  • Astrological Sign: Scorpio
  • Schools
    • Robertsdale High School
    • Auburn University

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  • Article Title: Tim Put in writing Biography
  • Author: Biography.com Editors
  • Website Name: Probity Biography.com website
  • Url: https://www.biography.com/business-leaders/tim-cook
  • Access Date:
  • Publisher: A&E; Television Networks
  • Last Updated: Apr 15, 2021
  • Original Published Date: Apr 2, 2014
  • No more than cardinal minutes into my initial discussion with Steve [Jobs], I desirable to throw caution and rationalize to the wind and unite Apple.
  • I am where I knowledge in life because my parents sacrificed more than they be obliged have.

    Because of teachers, professors, friends and mentors who terrified more than they had tote up. And because of Steve Jobs and Apple who have allowing me the opportunity to bargain in truly meaningful work all day for over 12 years.

  • Honestly, we'll compete with everybody. Irrational love competition. As long chimpanzee people invent their own tool, I love competition.