Tim Cook Net Worth: Bio, Wiki, Age, Height, Partner, Apple, and Salary

Tim Cook Biography

Tim Cook an American business executive and industrial engineer from Alabama known as the Chief Executive Officer of Apple Inc. and had served as the company’s Chief Operating Officer previously under its founder Steve Jobs.

Tim Cook Age

Tim was born Timothy Donald Cook on 1st November 1960 in Mobile, Alabama, United States.

Tim Cook Apple Leadership

Tim Cook joined Apple Inc. in 1998 after Steve jobs asked him to join the company. In a commencement speech at Auburn University, Cook said he decided to join Apple the first time he met Jobs.

He started as the Senior Vice president for worldwide operations. He closed factories and warehouses, exchanging them with contract manufacturers. This led to a reduction in the company’s inventory from months to days. His group decided to invest in long-term deals such as advance investment in flash memory from 2005 onward as they predicted its importance.

This assured there was a stable supply of what became a key iPod Nano, then iPhone and iPad components. Competitors at Hewlett-Packard, describing their canceled TouchPad tablet computer, later said that it was made from “cast-off reject iPad parts.”

Cook’s efforts were credited with keeping costs under control, combined with the company’s design and marketing savvy, generated huge profits. He was promoted to lead operations in January 2007 and in 2009 served as Chief Executive as Steve Jobs was away on a leave of absence for health-related issues.

In January 2011, Jobs requested a third medical leave of absence which was approved by Apple’s board of directors. This left Cook in charge of most of Apple’s day-to-day operations, while Jobs made most major decisions. On 24th August 2011, Tim Cook was named as Apple’s Chief Executive Officer after Jobs resigned as the CEO to become the chairman of the board. However, on October 5, 2011, six weeks later, Jobs passed on as a result of complications from pancreatic cancer.

Cook made his first major changes to the company’s executive team on October 29, 2012. These changes occurred after the third quarter of the fiscal year when revenues and profits grew less than predicted.

In May 2013, he said that his leadership at Apple focuses on people, strategy, and execution. Going on to explain, he said, “If you get those three right the world is a great place.” The incorporated company has also increased its donations to charity since Cook took over from Steve Jobs. In 2013, Lisa Jackson, formerly the head of the Environmental Protection Agency, was hired by Cook to assist Apple with the development of its renewable energy activities.

Tim Cook Family

Cook was born into a family of three with three sons of Donald Cook, a shipyard worker, and Geraldine Cook, a pharmacy employee. His two siblings are brothers named Gerald Cook and Michael Cook.

Tim Cook Education

Cook joined Robertsdale High School before joining Auburn University from where he graduated in 1982 with a Bachelor of Science (B.S.) in industrial engineering. In 1988, he earned a Master of Business Administration (MBA) from Duke University’s Fuqua School of Business.

He had 12 years in IBM’s personal computer business. He ended up working as the director of North American fulfillment. He later became the Chief Operating Officer of the computer reseller division of Intelligent Electronics before becoming the Vice President for Corporate Materials at Compaq for six months in 1997.

Tim Cook Gay

Back in early 2011, there were reports that Cook was gay although he opted to keep his life private. Hence, very little is known about his personal life. However, on October 30, 2014, he came out as gay and stated in an editorial for Bloomberg Business, “I’m proud to be gay, and I consider being gay among the greatest gifts God has given me.”

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