When you are the CEO of the world’s most valuable company, you’d be expected to raise the bar in your living standards. That’s just what Tim Cook, the CEO of Apple Inc, is henceforth expected to be doing, according to a regulatory filing of the company’s 2018 Annual Meeting of Shareholders and Proxy Statement.
This development is part of a new policy from Apple, which it said was implemented in the “interest of security and efficiency based on our global profile and highly visible nature of Mr. Cook’s role as CEO”. The development will mean that Tim Cook will join Mark Zuckerberg and Bob Iger, of Facebook and Disney respectively, who are similar status.
With Apple delivering another year of outstanding financial performance in 2017, having a year-over-year revenue growth rate accelerated during each quarter in 2017 and drove earnings per share growth of 11%, we shouldn’t expect less for their CEO.
Timothy Donald Cook is an American business executive, developer and industrial engineer born on born November 1, 1960. He has been Apple’s Chief Executive Officer since August 2011 and was previously Apple’s Chief Operating Officer since October 2005. Mr. Cook joined Apple in March 1998 and served as Executive Vice President, Worldwide Sales and Operations from 2002 to 2005. From 2000 to 2002, Mr. Cook served as Senior Vice President, Worldwide Operations, Sales, Service and Support. From 1998 to 2000, Mr. Cook served as Senior Vice President, Worldwide Operations. Among other qualifications, Mr. Cook brings to the Board extensive executive leadership experience in the technology industry, including the management of worldwide operations, sales, service, and support.