Tim Cook Is The New Apple CEO
Tim Cook has been named as the new CEO of Apple Computers, replacing Steven Jobs who announced his resignation to the Apple board. Tim has always been the next in line with a few short stints running the company in the absence of Steve Jobs when he was not doing too well.
Now who is Tim Cook?
Tim cook is a 51 year old who is from Robertsdale, Alabama and joint Hp in March 1998
Cook spent six months at Compaq as VP for Corporate Materials before he was hired by Steve Jobs to join Apple. He initially served as Senior Vice President for Worldwide Operations. Prior to that, Cook served as the COO of the computer reseller division of Intelligent Electronics and spent 12 years in IBM’s personal computer business as the director of North American Fulfillment.
Cook is credited with pulling Apple out of manufacturing by closing factories and warehouses around the world. This helped the company reduce inventory levels and streamline its supply chain, dramatically increasing margins.
In January 2007, Cook was promoted to COO.
Cook served as Apple CEO for two months in 2004, when Steve Jobs was recovering from pancreatic cancer surgery. Cook also serves on the Board of directors of Nike. In 2009 Cook again served as Apple CEO for several months while Steve Jobs took a leave of absence for a liver transplant.
In January 2011, Apple’s Board of Directors approved a third medical leave of absence, requested by Steve Jobs. During that time, Tim Cook was responsible for most of Apple’s day-to-day operations while CEO Steve Jobs still makes most major decisions.