Thursday 21 June 2018

Timothy Donald Cook - Apple Company CEO (Tim Cook)

Timothy Donald Cook (Tim Cook )

 

 


Timothy Donald Cook (born November 1, 1960) is an American business executive and industrial engineer. Cook is the Chief Executive Officer of Apple Inc., who previously served as the company's Chief Operating Officer, under its founder Steve Jobs.

Cook joined Apple in March 1998 as a senior vice president for worldwide operations, and then served as the Executive Vice President for worldwide sales and operations. He was made the Chief Executive on August 24, 2011, prior to Jobs' death in October of that year. During his tenure as the Chief Executive, he has advocated for the political reformation of international and domestic surveillance, cybersecurity, corporate taxation, American manufacturing, and environmental preservation.

In 2014, Cook became the first Chief Executive of a Fortune 500 company to publicly identify as gay. Cook also serves on the boards of directors of Nike, Inc., the National Football Foundation, and is a trustee of Duke University. In March 2015, he said he planned to donate his entire stock fortune to charity. The research published at the University of Oxford characterized Cook's leadership style as paradigmatic of founder centrism: explained as a founder’s mindset, an ethical disposition towards the shareholder collective, and an intense focus on exponential value creation.




Pre-Apple era
 
After graduating from Auburn University in 1982, Cook spent 12 years in IBM's personal computer business, ultimately serving as the director of North American fulfillment. It was during this time that Cook also earned his MBA from Duke University, becoming a Fuqua Scholar in 1988. Later, he served as the Chief Operating Officer of the computer reseller division of Intelligent Electronics, and in 1997 became the Vice President for Corporate Materials at Compaq for six months.

Bright Mind

Tim Cook was born Timothy D. Cook in the small town of Robertsdale, Alabama, on November 1, 1960. The middle of three sons born to father Donald, a shipyard worker, and mother Geraldine, a homemaker, Cook attended Robertsdale High School and graduated second in his class in 1978.

He enrolled at Auburn University in Alabama, graduating in 1982 with a bachelor's degree in industrial engineering, and went on to earn a Master of Business Administration degree from Duke University's Fuqua School of Business in 1988. Additionally, Cook was awarded the title of Fuqua Scholar—an honor given only to students at the business school who graduate in the top 10 percent of their class.


Early Career

 
Fresh out of graduate school, Cook embarked on a career in the field of computer technology. He was hired by IBM, where he moved up the ranks to become the corporation's North American fulfillment director, managing manufacturing and distribution functions for IBM's Personal Computer Company in both North and Latin America.

Following a 12-year career at IBM, Cook in 1994 became chief operating officer of the Reseller Division at Intelligent Electronics. After three years he joined the Compaq Computer Corporation as vice president of corporate materials, charged with procuring and managing product inventory. His time there was short-lived, however: After a six-month stint at Compaq, Cook left for a position at Apple.


Career at Apple


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



In August 2011, Cook was named Apple's new CEO, taking over the position for former CEO and Apple co-founder Steve Jobs, who died in October 2011 after a years-long battle with cancer. In addition to serving as CEO, Cook sits on the corporation's board of directors.

In May 2014, Apple announced its biggest acquisition to date when it bought Beats Music and Beats Electronics for $3 billion. As part of 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 afternoon we announced that Apple is acquiring Beats Music and Beats Electronics, two fast-growing businesses which complement our product line and will help extend the Apple ecosystem in the future. Bringing our companies together paves the way for amazing developments which our customers will love.”

Following this, at the Worldwide Developers Conference in June 2014, Cook announced the latest version of the Apple operating system for desktop and mobile, OSX Yosemite. In September of the same year, Cook unveiled the iPhone 6 and iPhone 6 Plus, both of which had larger screen sizes and came with new features such Apple Pay and “Burst Selfies.” He also announced the first new product under his reign, a wearable device to track fitness and health, the “Apple Watch,” available for purchase in 2015.

Cook continued to oversee the development of new products like Clips, an app that enabled the creation of short videos for social media. A few months after its spring 2017 debut, Apple unveiled the iPhone X, which generated buzz in the tech world for its facial recognition system.