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Apple COO Tim Cook joins Nike Board

Nike today announced that it has appointed Apple chief operating office Tim Cook to the company's board of directors.

Cook is the board's 11th director, nine of which are independent, Nike said in a statement. He is also expected to serve on the compensation committee of the board.

"Tim's diverse professional background spans from global manufacturing to general management," said Philip H. Knight, Nike founder and chairman. "His global technology knowledge combined with his experience at one of the world's most recognized brands will make Tim a great asset to our board. We look forward to his contributions to Nike."

At Apple, Cook is responsible for all of the company's worldwide sales and operations, including end-to-end management of the company's supply chain, sales activities, and service and support in all markets and countries. He also heads Apple's Macintosh division, where he reports to Apple chief executive Steve Jobs and plays a key role in the continued development of strategic reseller and supplier relationships.

Before joining Apple in 1998 as senior vice president of worldwide operations, Cook was vice president of corporate materials at Compaq and was responsible for procuring and managing Compaq's product inventory.

Cook 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.



10 Comments

benton 133 comments · 20 Years

Mr. Cook receives a promotion at his full time job with Apple. Now he has time for a part time job which will require significant attention and time. What are the benefits accruing to Apple. Why would SJ agree to this?

maccrazy 2589 comments · 21 Years

Quote:
Originally posted by Benton
Mr. Cook receives a promotion at his full time job with Apple. Now he has time for a part time job which will require significant attention and time. What are the benefits accruing to Apple. Why would SJ agree to this?

Cheaper sweatshops? We know Nike's history.

eai 407 comments · 19 Years

iPods made in nike's sweatshops perhaps?

strobe 366 comments · 22 Years

Nike does a lot of apparel and understands the direct-to-retail model well. These two companies are more similar than one may first suspect.

/has absolutely no problem with Nike's "sweatshops"

e1618978 5921 comments · 21 Years

Quote:
Originally posted by Benton
Mr. Cook receives a promotion at his full time job with Apple. Now he has time for a part time job which will require significant attention and time. What are the benefits accruing to Apple. Why would SJ agree to this?

Being a director of a company is hardly a "part time job" - more like 100 hours/year of work, all in evening or weekend time most likely.

It is much less of a drain than, say, being in the army reserve on the weekends.