Up for auction"Apple Inc" Tim Cook Hand Signed 10X8 Color Photo. This item is authenticated By Todd Mueller Autographs and comes with their certificate of authenticity.
ES-6575
Timothy
Donald Cook (born November 1,
1960) is an American business executive who has been
the chief executive officer of Apple Inc. since 2011. Cook previously served as the
company's chief operating officer under
its co-founder Steve Jobs, taking over as
CEO after Jobs's death. 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, American manufacturing, and environmental preservation.
Since 2011 when he took over Apple, to 2020, Cook doubled the company's revenue
and profit, and the company's market value increased from $348 billion to $1.9
trillion. In 2014, Cook became the first chief executive of a Fortune 500 company to
publicly come out as gay. Cook also serves on the boards of directors of Nike, Inc. and the National Football
Foundation, and is a trustee of Duke University. Outside of Apple, Cook engages in
philanthropy, and in March 2015, he said he planned to donate his fortune
to charity. Cook was born
in Mobile, Alabama, United
States. He was baptized in a Baptist church] and grew up in nearby Robertsdale. His father,
Donald, was a shipyard worker, and his mother,
Geraldine, worked at a pharmacy. Cook graduated from Robertsdale High School in 1978. He earned a Bachelor of Science in industrial engineering from Auburn University in 1982, and his Master of Business
Administration (MBA) from Duke University's Fuqua School of Business in
1988. After graduating from Auburn University, Cook spent 12 years in IBM's
personal computer business, ultimately serving as the director of North
American fulfillment. During this time, 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. In 1997, he became
the vice president for corporate materials at Compaq for six months, but left the position after being
hired by Steve Jobs. In 1998, Steve Jobs asked Cook to join Apple. In a commencement speech at Auburn University, Cook said he decided to join Apple after
meeting Jobs: Any purely rational consideration of cost and benefits lined up
in Compaq's favor, and the people who knew me best advised me to stay at
Compaq... On that day in early 1998, I listened to my intuition, not the left
side of my brain or for that matter even the people who knew me best... no more
than five minutes into my initial interview with Steve, I wanted to throw
caution and logic to the wind and join Apple. My intuition already knew that
joining Apple was a once-in-a-lifetime opportunity to work for the creative
genius and to be on the executive team that could resurrect a great American
company. His first position was senior vice
president for worldwide operations. Cook closed factories and warehouses,
and replaced them with contract manufacturers; this resulted in a reduction of
the company's inventory from months to days. Predicting its importance, his
group had invested in long-term deals such as advance investment in flash memory since
2005. This guaranteed a stable supply of what became the iPod Nano,
then iPhone and iPad. Competitors at Hewlett-Packard described
their cancelled HP TouchPad tablet computer and later said that it was made
from "cast-off, reject iPad parts". Cook's actions were
recognized for keeping costs under control, and combined with the rest of the
company, generated huge profits.
In January 2007, Cook was promoted to lead operationsand served as chief
executive in 2009, while Jobs was away on a leave of absence for health-related
issues. In January 2011, Apple's board of directors approved a third medical
leave of absence requested by Jobs. During that time, Cook was responsible for
most of Apple's day-to-day operations, while Jobs made most major decisions. After
Jobs resigned as CEO and became chairman of the board, Cook was named the new
chief executive officer of Apple Inc. on August 24, 2011. Six weeks later,
on October 5, 2011, Jobs died due to complications from pancreatic cancer. Forbes contributor Robin
Ferracone wrote in September 2011: "Jobs and Cook proceeded to forge a
strong partnership, and rescued the company from its death spiral, which took
it from $11 billion in revenue in 1995 down to less than $6 billion in 1998 ...
Under their leadership, the company went from its nadir to a remarkable $100
billion today". In April 2012, Time included Cook on its annual "100 Most
Influential People in the World" list. On October 29, 2012,
Cook made major changes to the company's executive team. Scott Forstall resigned as senior vice president of iOS,
and became an advisor to Cook until he eventually departed from the company in
2013. John Browett, who was
senior VP of retail, was dismissed six months after he commenced at Apple, when
he received 100,000 shares worth US$60 million. Forstall's duties were
divided among four other Apple executives: design SVP Jony Ive assumed leadership of Apple's human interface
team; Craig Federighi became
the new head of iOS software engineering; services chief Eddy Cue became responsible for Maps and Siri; and Bob Mansfield, previously SVP of hardware engineering, became
the head of a new technology group. Cook made the executive changes after the
third quarter of the fiscal year, when revenues
and profits grew less than predicted. One commentator said that Forstall was
forced to step down, as Cook "decided to lance the boil as internal
politics and dissent reached a key pitch". Since becoming CEO, Cook
focused upon building a harmonious culture that meant "weeding out people
with disagreeable personalities—people Jobs tolerated and even held close, like
Forstall", although another journalist said, "Apple's ability to
innovate came from tension and disagreement." On February 28, 2014, Cook
made headlines when he challenged shareholders to "get out of the
stock" if they did not share the company's views on sustainability and
climate change. In May 2016, Cook traveled to China to meet with
government officials there after the closure of Apple's online iTunes Store and
Apple Books store by the Chinese government. In 2016 some analysts compared
Cook to former Microsoft CEO Steve Ballmer, claiming that innovation had died down since he
replaced Jobs, similar to when Ballmer became Microsoft CEO in 2000. In
December 2017, Cook was a speaker at the World Internet Conference in
China. Cook was appointed chairman of the advisory board for Tsinghua University's economics school in October 2019
for a three-year term. Rep. Tom Malinowski, Rep. Alexandria Ocasio-Cortez,
and several other lawmakers criticized Cook over Apple's decision to remove an
app used by pro-democracy protesters in Hong Kong from
its App Store. They accused Apple of censorship and
co-signed a letter to Cook that read, "Apple's decisions last week to
accommodate the Chinese government by taking down HKMaps is deeply concerning.
We urge you in the strongest terms to reverse course, to demonstrate that Apple
puts values above market access, and to stand with the brave men and women
fighting for basic rights and dignity in Hong Kong." Cook explained
in an internal letter why the company removed Hong Kong mapping app used by
protesters to coordinate movements. In August
2021, Cook received an approximate $750m payout, selling more than five million
shares in Apple, after marking ten years in the job