Thursday, August 25, 2011

Apple's New CEO: Who Is Tim Cook? (Video) Profile: Does he have 'product vision'?


Apple's New CEO Tim Cook

Tim Cook Profile Apple's new CEO Tim Cook, 50, joined Apple in 1997 and has been Chief Operating Officer since 2005. Cook has proven himself as an operations executive. He had previously stepped in for Co-Founder and now Chairman of the Board Steve Jobs three times, to oversee Apple Inc. while Jobs was on medical leave. Short-term, 1 to possibly 3 years, the product pipeline is in place, but the long-term continuation of legendary Apple innovation is the uncertainty. How much involvement Chairman of the Board Steve Jobs will have in future product planning and design is unknown. Does Tim Cook have "product vision" which is the Steve Jobs and Apple hallmark? Can Tim Cook keep Apple on the very leading edge? Can Tim Cook not only run Apple but keep the innovative product pipeline flowing? Will recruitment and retention of key personnel become an issue? Ultimately, only time will answer these questions, which are discussed in the video below.

Who is Tim Cook? Apple's New CEO WSJ's Nick Wingfield profiles Tim Cook, Apple's COO who will assume the CEO post upon Steve Jobs' resignation.

Steve Jobs Resigns as Apple CEO
(Apple Press Release, August 24, 2011) "Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately." CEO Cook has sent an email to Apple employees, Apple's New CEO Tim Cook Emails Staff (Video) "I want you to be confident that Apple is not going to change". More information is posted here, Steve Jobs Resigns as Apple CEO (Video) "Unfortunately, that day has come". Speculation had already begun on Apple without Steve Jobs: The Future of Apple Without Steve Jobs (Video) "Apple is Steve Jobs & Steve Jobs is Apple". Jobs had been on medical leave of absence as CEO since January 17, 2011, Apple CEO Steve Jobs Takes Medical Leave (Video) "I love Apple so much and hope to be back as soon as I can". Chief Operating Officer, now CEO, Tim Cook had been responsible for day to day operations since the medical leave of absence began.

About Steve Jobs
Steve Jobs is the Chairman of the Board of Apple, which he co-founded in 1976. Apple is leading the consumer technology world with its revolutionary iPhone and App Store, its family of iPod media players and iTunes media store, and its Mac computers and iLife and iWork application suites. Apple recently introduced iPad 2 which is defining the future of mobile media and computing devices. Steve also co-founded and was the CEO of Pixar Animation Studios, which created some of the most successful and beloved animated films of all time including Toy Story, A Bug’s Life, Monsters, Inc., Finding Nemo, The Incredibles, Cars and Ratatouille. Pixar merged with The Walt Disney Company in 2006 and Steve now serves on Disney's board of directors. Steve grew up in the apricot orchards which later became known as Silicon Valley, and still lives there with his family.

About Tim Cook
Tim Cook is the CEO of Apple and serves on its Board of Directors. Before being named CEO in August 2011, Tim was Apple's Chief Operating Officer and was responsible for all of the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. He also headed Apple’s Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace. Prior to joining Apple, Tim was vice president of Corporate Materials for Compaq and was responsible for procuring and managing all of Compaq’s product inventory. Previous to his work at Compaq, Tim was the chief operating officer of the Reseller Division at Intelligent Electronics. Tim also spent 12 years with IBM, most recently as director of North American Fulfillment where he led manufacturing and distribution functions for IBM’s Personal Computer Company in North and Latin America. Tim earned an M.B.A. from Duke University, where he was a Fuqua Scholar, and a Bachelor of Science degree in Industrial Engineering from Auburn University.

About Apple
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.

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