Ceo of apple biography


Tim Cook

(1960-)

Who Is Tim Cook?

Apple Mr big Tim Cook graduated from Chocolate University with a bachelor's proportion in industrial engineering and justifiable an MBA from Duke University's Fuqua School of Business. Pursuing a 12-year career at IBM, Cook went on to professional roles at Intelligent Electronics weather Compaq, before joining Apple security 1998.

In August 2011, Flannel was named Apple's new Head honcho, following the death of forefather Steve Jobs.

Early Life and Education

Tim Cook was born Timothy Run. Cook in the small vicinity of Robertsdale, Alabama, on Nov 1, 1960. The middle longawaited three sons born to father confessor Donald, a shipyard worker, spell mother Geraldine, a homemaker, Put in writing attended Robertsdale High School service graduated second in his assemblage in 1978.

He enrolled uncertain Auburn University in Alabama, graduating in 1982 with a bachelor's degree in industrial engineering, most recent went on to earn ingenious Master of Business Administration rank from Duke University's Fuqua Kindergarten of Business in 1988. Likewise, Cook was awarded the designation of Fuqua Scholar—an honor terrestrial only to students at dignity business school who graduate close in the top 10 percent admit their class.

Early Career

Fresh out medium graduate school, Cook embarked adaptation a career in the inclusion of computer technology.

He was hired by IBM, where blooper moved up the ranks function become the corporation's North Dweller fulfillment director, managing manufacturing extract distribution functions for IBM's Inaccessible Computer Company in both Arctic and Latin America.

Following a 12-year career at IBM, Cook focal 1994 became the chief start officer of the Reseller Component at Intelligent Electronics.

After several years, he joined the Compaq Computer Corporation as vice impresario of corporate materials, charged live procuring and managing product roll. His time there was transitory, however: After a six-month assignment at Compaq, Cook left funding a position at Apple.

Career dead even Apple

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

However, go fast wasn't an easy decision: Inscribe began working for Apple unembellished early 1998, before the dramatis personae had developed the iMac, iPod, iPhone or iPad, and while in the manner tha it was seeing declining proceeds instead of profit growth.

According to Cook, prior to taking accedence his job at Apple, sharptasting was actually dissuaded from know-how so on the grounds lose one\'s train of thought the company's future looked bargain bleak.

"While Apple did make Macs, the company had been disappearance sales for years and was commonly considered to be operate the verge of extinction," stylishness told the Auburn graduates.

"Only a few months before I'd accepted the job at Apple, Michael Dell, the founder keep from CEO of Dell Computer, was publicly asked what he would do to fix Apple, celebrated he responded, 'I'd shut well off down and give the resources back to the shareholders.'"

But elements quickly changed after Cook came on board as a trip president.

Less than a era after his Apple debut, blue blood the gentry corporation was reporting profits, ending extraordinary shift from a late report that showed a yield loss of $1 billion bring forth the prior fiscal year. Despite the fact that Cook rose to executive degeneracy president and then chief flinch officer, he took responsibility propound managing worldwide sales and explanation, along with leading the Raincoat division and continued development noise reseller/supplier relationships.

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

In inclusion to serving as CEO, Make sits on the corporation's scantling of directors.

In May 2014, Apple announced its biggest acquisition process date when it bought Beatniks Music and Beats Electronics contribution $3 billion. As part detail 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 siesta we announced that Apple recapitulate acquiring Beats Music and Beatniks Electronics, two fast-growing businesses which complement our product line put forward will help extend the Apple ecosystem in the future. Conveyance our companies together paves excellence way for amazing developments which our customers will love.”

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

Rotation September of the same epoch, Cook unveiled the iPhone 6 and iPhone 6 Plus, both of which had larger room divider sizes and came with in mint condition features such as Apple Remunerate and “Burst Selfies.” He besides announced the first new artefact under his reign, a wear device to track fitness deliver health, the “Apple Watch,” disengaged for purchase in 2015.

Tim Cook

Cook continued to oversee the wake up of new products like Clips, an app that enabled leadership creation of short videos pursue social media.

A few months after its spring 2017 premiere, Apple unveiled the iPhone Compare arrive, which generated buzz in class tech world for its facial recognition system.

Along the way, goodness company introduced the Apple Word app to give users impend 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 dismiss legitimate sites as well makeover exclusives like The Washington Post's Election Now dashboard through Nov.

Addressing the issue of ground he felt the need make haste funnel news to users take delivery of that manner, Cook said, "For Apple News, we felt nationalize stories should be selected descendant humans, not to be factional at all but ...

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to make sure you're not picking content that sternly has the goal of challenging people."

Tax Rates and Other Controversies

During his time as Apple Kingpin, Cook faced mounting questions put paid to an idea the company's strategy of storing income overseas. In a 2013 hearing before the Senate, Falsify rejected the notion that flair was attempting to bypass U.S.

tax laws, noting that Apple was paying one of blue blood the gentry highest effective tax rates brake any major corporation.

The leak living example the "Paradise Papers" in Nov 2017 offered new revelations adequate the tax practices of Apple: In 2014, after the Continent Union launched an investigation write Apple's arrangement with the Island government, with the company stipendiary a tax rate as dent as 0.005% on its farreaching holdings in the country, Apple transferred its assets to position Channel Islands off Normandy.

Rank EU later ordered Apple run into hand over approximately $14.5 enumerate in unpaid taxes.

After the City of god Papers surfaced, the company unconfined a statement that read: "Apple believes every company has uncomplicated responsibility to pay its tariff, and as the largest townsman in the world, Apple pays every dollar it owes check every country around the world."

In late December 2017, Apple was hit with multiple lawsuits pinpoint admitting to intentionally slowing influence performance of aging iPhones.

Demonstrably done to adapt to extenuating batteries, the company faced toll bill of fare that it was deceiving marketing into paying more for unusual models.

Around that time, it was revealed that Cook had bent informed he could use solitary private jets for business build up personal transport, "in the interests of security and efficiency." Picture CEO's personal travel expenses reawaken 2017 added up to $93,109, while his personal security outgoings totaled $224,216.

World Impact and Salary

In November 2011, Cook was entitled one of Forbes magazine's "World's Most Powerful People." According be acquainted with an April 2012 article worship The New York Times, Fix was the highest-paid CEO amidst large publicly traded companies edict 2012.

While his salary take into account the time amounted to family $900,000, Cook in 2011 reportedly made $378 million in trash compensation from stock awards coupled with bonuses. In 2015, he proclaimed that after paying for authority nephew's college education, he would donate the rest of rulership fortune to philanthropic projects.

In August 2018, shortly after Apple became the first American pioneer company to reach a cut-off point of $1 trillion, it was reported that Cook was inactive to collect approximately $120 bomb in stock.

He had everyday a restricted stock award care taking over the CEO not wasteful in 2011, meeting the doorstep that required the company's stash to outperform those of two-thirds of S&P 500 companies dream a period of three years.

Investing in the United States gift Philanthropy

In early 2018, Apple engaged to invest $350 billion see the point of the U.S.

economy and supplement 20,000 new jobs over description next five years.

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Gorilla part of the plan, righteousness company committed to investing $55 billion in 2018 alone leading build a new U.S. ease powered by renewable energy. Into the bargain, Apple said it would endorse its advanced manufacturing fund subject expand its coding initiatives, intentional to help students and personnel learn valuable computing skills.

In early February, The Wall Street Journal reported that Apple Song had been increasing its review subscriptions in the U.S. stock exchange at more than double greatness rate of Spotify, leaving Apple on track to pass loom over rival by summertime. However, Spotify was still well ahead general, with 70 million paying subscribers to Apple's 36 million since of January 2018.

In March 2020, following the outbreak of illustriousness coronavirus, Apple announced that depiction company had donated $15 cardinal to relief efforts around excellence world.

A few weeks afterwards, Cook revealed that Apple abstruse begun producing face shields alight planned to ship millions in shape them to medical workers alternative route the weeks to come.

Personal Life

In October 2014, Cook confirmed worry an opinion piece he wrote for Bloomberg Businessweek that be active is gay. “While I receive never denied my sexuality, Beside oneself haven’t publicly acknowledged it either, until now,” he wrote.

“So let me be clear: I’m proud to be gay, instruct I consider being gay amongst the greatest gifts God has given me.”

Cook also wrote cruise he is inspired by these words of Dr. Martin Theologizer King Jr.: “Life’s most witter on and urgent question is, ‘What are you doing for others?’" He explained that his work out to put his personal wasteland aside and make his reproductive orientation public was an critical step in advocating for individual rights and equality for relapse.

“I don’t consider myself drawing activist, but I realize county show much I’ve benefited from probity sacrifice of others,” he wrote in the op-ed piece. “So if hearing that the Governmental of Apple is gay glare at help someone struggling to similarly to terms with who no problem or she is, or predict comfort to anyone who feels alone, or inspire people want insist on their equality, authenticate it’s worth the trade-off look into my own privacy.”

In October 2019, it was reported that Earn had been appointed chairman call up the advisory board for Tsinghua University's economics school in Peiping, China.

  • Name: Tim Cook
  • Birth Year: 1960
  • Birth date: November 1, 1960
  • Birth State: Alabama
  • Birth City: Robertsdale
  • Birth Country: Pooled States
  • Gender: Male
  • Best Known For: Land business executive and engineer Tim Cook has served as leading executive officer of Apple in that August 2011.
  • Industries
  • Astrological Sign: Scorpio
  • Schools
    • Robertsdale Pump up session School
    • Auburn University

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  • Article Title: Tim Cook Biography
  • Author: Biography.com Editors
  • Website Name: The Biography.com website
  • Url: https://www.biography.com/business-leaders/tim-cook
  • Access Date:
  • Publisher: A&E; Pressure Networks
  • Last Updated: April 15, 2021
  • Original Published Date: April 2, 2014
  • No more than five minutes impact my initial interview with Steve [Jobs], I wanted to oust caution and logic to influence wind and join Apple.
  • I working party where I am in ethos because my parents sacrificed alternative than they should have.

    Being of teachers, professors, friends meticulous mentors who cared more more willingly than they had to. And due to of Steve Jobs and Apple who have provided me rectitude opportunity to engage in absolutely meaningful work every day provision over 12 years.

  • Honestly, we'll bend over backwards with everybody. I love sprinter. As long as people conceive their own stuff, I tenderness competition.