Tim Cook’s ninth anniversary as Apple’s CEO, with one year left in Office

US local time Monday, Tim Cook (Tim Cook) will usher in the ninth anniversary of serving as Apple’s CEO. On the same day, the company will split shares for the second time during his tenure.

When Tim Cook took office, Apple had a market value of less than US$400 billion; now it has just become the first US company with a market value of US$2 trillion.

On August 25, 2011, Beijing time, Apple’s board of directors announced that Apple CEO Steve Jobs had resigned, and the board had appointed Tim Cook to take over as Apple’s CEO.

On August 26, 2011, Apple announced the implementation of Tim Cook’s 10-year contract. After the end of next year, Tim Cook will become a free agent. According to Bloomberg Billionaires Index calculations, Apple CEO Tim Cook’s net worth has climbed to more than $1 billion. Later this month, Cook will receive his ninth salary, which includes 560,000 shares of Apple, which are worth $278.6 million.

Cook is 59 years old and promised in 2015 that he will donate most of his wealth. Currently, Cook has donated millions of dollars worth of Apple stock.

Naijatechnews learned that Tim Cook’s contract with Apple will expire in 2024 . As CEO, Tim Cook oversaw the changes to the iPhone, including larger screen sizes, the use of OLED panels, and the redesign to bring Face ID and Liu Haiping. When popular products such as Apple Watch and AirPods were launched, he was also responsible for the company’s operations. We have no reason not to want Cook to stay at Apple for another ten years. Tim Cook may also host Apple’s next important product, Apple Glass, and Apple’s AR wearable device is expected to be released in 2024 or 2023.

Under normal circumstances, Tim Cook will get a new contract that includes more incentives, including more stock awards. Currently, Apple has not announced a new plan.

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