Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before co-founder Steve Jobs died.
Even though he’s only officially been Apple Inc.’s chief executive for a few months, Tim Cook received a handsome compensation package for the job he did in 2011.
Apple Inc. will keep cranking out a steady stream of “magical products” for the next few years despite the loss of Steve Jobs as chief executive.
Even if the company has been reluctant to discuss it and outsiders have a hard time imagining it, it’s clear Apple had been preparing for a day when Steve Jobs would no longer be chief executive.
Short term, most analysts believe the company’s path is almost certain, as Apple’s product line is in place for the next 2-3 years.
Apple Inc. must persuade investors and consumers that it doesn’t need the force behind the iMac, iPod, iPhone and iPad in charge to keep the technology hits coming.
While most insiders said Tim Cook is not the “visionary” that Steve Jobs is, nearly everyone credits him as being a kind of business-operations “maestro,” according to a 2008 Fortune magazine profile.
Apple CEO Steve Jobs, who has been on indefinite medical leave, made an appearance at a product event in San Francisco Wednesday.
Steve Jobs is the public face of Apple, but that doesn’t mean investors get to know every last detail about the CEO’s health.
Tim Cook’s mastery of inventory management and his high expectations of employees should leave Apple Inc. in good hands while its charismatic leader, Steve Jobs, takes a medical leave of absence.