Timothy D. Cook
Chief Operating Officer
Apple, Inc.
Cupertino
,
CA
Sector: TECHNOLOGY / Personal Computers
Officer since January 2002
Independent Director , Nike, Inc.
Beaverton
,
OR
Sector: CONSUMER GOODS / Textile - Apparel Footwear & Accessories
50 Years Old
Timothy D. Cook, Chief Operating Officer, joined the Company in March 1998. Mr. Cook also served as Executive Vice President, Worldwide Sales and Operations from 2002 to 2005. In 2004, his responsibilities were expanded to include the Company?s Macintosh hardware engineering. 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. Prior to joining the Company, Mr. Cook was Vice President, Corporate Materials for Compaq Computer Corporation (Compaq). Prior to his work at Compaq, Mr. Cook was Chief Operating Officer of the Reseller Division at Intelligent Electronics. Mr. Cook also spent 12 years with International Business Machines Corporation (IBM), most recently as Director of North American Fulfillment. As CEO, Mr. Jobs will remain involved in major strategic decisions during this leave of absence, and Chief Operating Officer Tim Cook will be responsible for Apple's day to day operations.
| Forbes Rankings |
| NIKE - 333rd on the Forbes Global 2000 in 2010 |
| Apple - 75th on the Forbes Global 2000 in 2010 |
| NIKE - 349th on the Forbes Global 2000 in 2009 |
| Apple - 113rd on the Forbes Global 2000 in 2009 |
| Apple Forbes 400 Best Big Companies in 2009 |
| See All Rankings > |
Compensation for 2010
| Salary | $800,016.00 |
| Bonus | $5,000,000.00 |
| Restricted stock awards | $52,334,250.00 |
| All other compensation | $58,306.00 |
| Option awards $ | $0.00 |
| Non-equity incentive plan compensation | $900,000.00 |
| Change in pension value and nonqualified deferred compensation earnings | $0.00 |
| Total Compensation | $59,092,572.00 |
Options Granted
| Grant Date |
All other stock awards (# of shares of stocks or units) | Number of securities underlying options | Exercise or base price |
Percent of total options granted in fiscal year | Grant date fair value of stock and option awards | See More |
| 09/21/2010 | 125,000 | - | $ - | 0% | $35,471,250.00 | |
| 03/10/2010 | 75,000 | - | $ - | 0% | $16,863,000.00 | |
| 09/26/2008 | 200,000 | - | $ - | 0% | $25,648,000.00 | |
| - | - | 1,000,000 | $16.81 | 2.87% | $ - | |
| - | - | - | $ - | 0% | $ - | |
| - | - | - | $ - | 0% | $ - | |
| - | - | - | $ - | 0% | $ - | |
| - | - | - | $ - | 0% | $ - | |
Options Exercised
| Shares acquired on exercise | 500,000 |
| Value Realized | $13,329,677.00 |
Director Compensation (Nike, Inc.)
for 2010
| Fees earned or paid in cash | $71,000.00 |
| Stock awards | $0.00 |
| Option awards (in $) | $91,120.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nondisqualified compensation earnings | $0.00 |
| All other compensation | $20,400.00 |
| Total Compensation | $182,520.00 |
Director Compensation (Nike, Inc.)
for 2009
| Fees earned or paid in cash | $69,500.00 |
| Stock awards | $0.00 |
| Option awards (in $) | $68,767.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nondisqualified compensation earnings | $0.00 |
| All other compensation | $20,300.00 |
| Total Compensation | $158,567.00 |
Director Compensation (Nike, Inc.)
for 2008
| Fees earned or paid in cash | $58,000.00 |
| Stock awards | $0.00 |
| Option awards (in $) | $59,093.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nondisqualified compensation earnings | $0.00 |
| All other compensation | $7,800.00 |
| Total Compensation | $124,893.00 |
Director Compensation (Nike, Inc.)
for 2007
| Fees earned or paid in cash | $55,500.00 |
| Stock awards | $0.00 |
| Option awards (in $) | $93,374.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nondisqualified compensation earnings | $0.00 |
| All other compensation | $5,000.00 |
| Total Compensation | $153,874.00 |
Forbes.com Headlines
It's no surprise that CEO succession planning is a good idea for companies. My colleague Deborah Jacobs wrote a compelling story in March, about McDonald's elaborate plans to replace outgoing CEO James A. Skinner, 67, with 22-year company veteran Don Thompson, 48, the current president and COO. McDonalds cultivates internal talent, grooming executives with in-house [...]
“What goes up must come down” is a saying we all know, understand and often fail to accept. Pundits ferociously apply without dereliction the theory to 's glorious ascension to titan of the S&P. But the brand has kept the public inspired and acquiescent, and it’s got something none of the previous corporate titleholders (, [...]


