Technology
Another work by Tim Cook
In May, while unveiling the newest iPad at an Apple event, CEO Tim Cook wore a custom-made, one-of-a-kind pair of Nike sneakers whose decorative stitching included the words “Made on iPad.”
It wasn’t just an Apple and Nike collaboration. As Bloomberg reminds readersCook has served on Nike’s board since 2005, when Cook was still second banana at Apple under Steve Jobs and the iPhone didn’t exist yet.
It’s an even bigger commitment than some people can imagine. According to Bloomberg, Cook isn’t only Nike’s lead independent director and chairman of its compensation committee, but in a needed change at Nike now, he helped herald former Nike CEO Elliott Hill as the corporate’s newest CEO.
Hill, who began as an intern at Nike and retired in 2020, returned last week to exchange former eBay CEO John Donahoe, whom Cook had previously beneficial for the highest job. Facing slowing growth in China and other challenges, Donahoe stayed within the job for just 4 years.