Stock: Apple (AAPL)

Top Management and Board of Directors

Top Management


Top Management [Five top executives with tenure > 8 yrs]
NameDesignationSince Appointment
Tim CookChief Executive Officer, Director12 Yrs, 7 Mos
Arthur D. LevinsonChairman, Director23 Yrs, 7 Mos
Luca MaestriChief Financial Officer, Senior Vice President9 Yrs, 11 Mos
Jeff WilliamsChief Operating Officer8 Yrs, 3 Mos
Katherine AdamsSenior Vice President, General Counsel-


Board Of Directors


Board Of Directors [Two directors with tenure > 8 yrs]
NameSince Appointment
Ronald D. Sugar13 Yrs, 4 Mos
James A. Bell8 Yrs, 6 Mos

Board Of Directors [Five directors with tenure < 3 yrs]
NameSince Appointment
Alex Gorsky2 Yrs, 4 Mos
Susan L. Wagner-
Albert Gore-
Monica Lozano-
Andrea Jung-

Independent Ratings of Directors


+ Tim Cook- Glassdoor Ranking:
Tim Cook was ranked 32 in the Glassdoor Employee Review's list of 100 Top CEOs in the United States for 2021.

+ Tim Cook- Bloomberg Pay Index Ranking:
Tim Cook was ranked 3 in the Bloomberg Pay Index list in the United States for 2021, an improvement from rank 8 in 2020. According to Bloomberg Pay Index, Tim Cook's total compensation had increased by (222.13%) $588.7 million from $265 million to $853.8 million in 2021.

+ Tim Cook- Harvard Business Ranking:
Tim Cook was ranked 62 in the Harvard Business Review's list of 100 Best-Performing CEO's in the world for 2019.

Profiles of Top Management

Tim Cook
CEO & Director
Tim Cook is the CEO of Apple and serves on its board of directors.
Before being named CEO in August 2011, Tim was Apple's chief operating officer and was responsible for all of the company's worldwide sales and operations, including end-to-end management of Apple's supply chain, sales activities, and service and support in all markets and countries. He also headed Apple's Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.
Prior to joining Apple, Tim was vice president of Corporate Materials for Compaq and was responsible for procuring and managing all of Compaq's product inventory.
Previous to his work at Compaq, Tim was the chief operating officer of the Reseller Division at Intelligent Electronics.
Tim also spent 12 years with IBM, most recently as director of North American Fulfillment where he led manufacturing and distribution functions for IBM's Personal Computer Company in North and Latin America.
Tim earned an MBA from Duke University, where he was a Fuqua Scholar, and a Bachelor of Science degree in Industrial Engineering from Auburn University.

Shareholder Value:
Creation of shareholder value in Apple:
Date of appointment: August 24, 2011
In the last 10 years the average annualized return to shareholders was 26.6%. The present value of $1,000 (PV1000) invested 10 years ago is now $10,585, a gain of $9,138 and dividend reinvested of $447.

Harvard Business Ranking:
Tim Cook was ranked 62 in the Harvard Business Review's list of 100 Best-Performing CEO's in the world for 2019.
Bloomberg Pay Index Ranking:
Tim Cook was ranked 3 in the Bloomberg Pay Index list in the United States for 2021, an improvement from rank 8 in 2020. According to Bloomberg Pay Index, Tim Cook's total compensation had increased by (222.13%) $588.7 million from $265 million to $853.8 million in 2021.
Glassdoor Ranking:
Tim Cook was ranked 32 in the Glassdoor Employee Review's list of 100 Top CEOs in the United States for 2021.

Arthur D. Levinson
Chairman & Director
In September 2013, Art was named chief executive officer of Calico. Before that, he was chief executive officer of Genentech from July 1995 to April 2009. He currently serves as the chairman of the board of Apple, and previously served as a director of Google from 2004 to 2009.
He has authored or co-authored more than 80 scientific articles and has been named an inventor on 11 United States patents. Art was inducted into the Biotech Hall of Fame at the 2003 Biotech Meeting of chief executive officers. BusinessWeek named him one of the "Best Managers of the Year" in 2004 and 2005, and Institutional Investor named him "America's Best CEO" in the biotech category four years in a row (2004-2007). In 2006, Princeton University awarded Art the James Madison Medal for a distinguished career in scientific research and in biotechnology. In 2008, he was elected as a Fellow to the American Academy of Arts & Sciences. In 2011, Art received the American Association for Cancer Research Margaret Foti Award for Leadership and Extraordinary Achievements in Cancer Research, and in 2012 he received the Cold Spring Harbor Laboratory Double Helix Medal. In 2014, he received the Alumnus Summa Laude Dignatus Award from the University of Washington, and was honored as a recipient of the National Medal of Technology and Innovation by President Barack Obama. The Franklin Institute named Levinson as the recipient of the 2021 Bower Award for Business Leadership, which recognizes individuals who have demonstrated outstanding leadership in an American business or industry while adhering to the highest ethical standards.
Art earned a doctorate in biochemical sciences from Princeton University and his Bachelor of Science degree from the University of Washington.

Shareholder Value:
Creation of shareholder value in Apple:
Date of appointment: August 15, 2000
In the last 20 years the average annualized return to shareholders was 35.5%. The present value of $1,000 (PV1000) invested 20 years ago is now $437,997, a gain of $418,486 and dividend reinvested of $18,511.


Luca Maestri
CFO & Senior Vice President
Luca Maestri is Apple's senior vice president and Chief Financial Officer reporting to CEO Tim Cook. As CFO, Luca oversees the accounting, business support, financial planning and analysis, treasury, real estate, investor relations, internal audit and tax functions at Apple. Luca joined Apple in 2013 as vice president of Finance and corporate controller, and has worked closely with Apple's senior leadership since his arrival.
Luca has over 25 years of experience building and leading finance teams in global companies with significant operating scale and complexity. Prior to joining Apple, Luca was CFO at Xerox and previously at Nokia Siemens Networks.
He began his career with General Motors and spent 20 years in finance and operating roles in the Americas, Asia Pacific and Europe. While at GM, Luca was part of the team that established GM's regional Asia Pacific operations, including manufacturing investments in China and Thailand. He later became CFO for all of GM's operations in Europe, which spanned over 45 countries with annual net revenue of approximately $40 billion.
Luca graduated from Luiss University in Rome with a bachelor's degree in Economics and earned a master's degree in Science of Management from Boston University.

Shareholder Value:
Creation of shareholder value in Apple:
Month of appointment: May 2014
In the last 10 years the average annualized return to shareholders was 26.6%. The present value of $1,000 (PV1000) invested 10 years ago is now $10,585, a gain of $9,138 and dividend reinvested of $447.


Jeff Williams
Chief Operating Officer
Jeff Williams is Apple's chief operating officer reporting to CEO Tim Cook. He oversees Apple's entire worldwide operations, as well as customer service and support. He leads Apple's renowned design team and the software and hardware engineering for Apple Watch. Jeff also drives the company's health initiatives, pioneering new technologies and advancing medical research to empower people to better understand and manage their health and fitness.
Jeff played a key role in Apple's entry into the mobile phone market with the launch of iPhone, and since 2010 has led worldwide operations for all products. He also led the engineering development of Apple Watch. Jeff joined Apple in 1998 as head of Worldwide Procurement.
Prior to Apple, Jeff worked for the IBM Corporation from 1985 to 1998 in a number of operations and engineering roles. He holds a bachelor's degree in Mechanical Engineering from North Carolina State University and an MBA from Duke University.

Shareholder Value:
Creation of shareholder value in Apple:
Date of appointment: December 17, 2015
In the last 5 years the average annualized return to shareholders was 31.5%. The present value of $1,000 (PV1000) invested 5 years ago is now $3,930, a gain of $2,780 and dividend reinvested of $149.


Katherine Adams
Senior Vice President
Kate Adams is Apple's general counsel and senior vice president of Legal and Global Security, reporting to CEO Tim Cook. Kate serves on the company's executive team and oversees all legal matters, including corporate governance, intellectual property, litigation and securities compliance, global security and privacy. Kate joined Apple from Honeywell in 2017, where she worked for 14 years, most recently as senior vice president and general counsel. At Honeywell, Kate was in charge of the organization's global legal strategy across more than 100 countries.
Prior to joining Honeywell, Kate was a partner at Sidley Austin LLP in New York. Earlier in her career, she served as a law clerk for Supreme Court Justice Sandra Day O'Connor; as trial attorney for the United States Department of Justice, Appellate Section, Environment and Natural Resources division; and as law clerk for Stephen Breyer, then chief judge of the U.S. Court of Appeals for the First Circuit.
Kate earned a bachelor's degree in Comparative Literature from Brown University and a law degree from the University of Chicago Law School.

Profiles of Board of Directors

Susan L. Wagner
Director
Wagner co-founded BlackRock in 1988 and helped it become one of the world's most successful asset-management companies, holding a range of leadership positions including vice chairman until mid-2012. She continues to serve on the boards of BlackRock and DSP BlackRock (India), as well as Swiss Re, Wellesley College and Hackley School.
Wagner graduated with honors from Wellesley College with a BA in English and Economics, and earned an MBA in Finance from the University of Chicago. She has been recognized as one of Fortune Magazine's 50 Most Powerful Women in Business and honored by the National Council for Research on Women. At BlackRock, she championed and continues to support the Women's Initiative Network, designed to foster the full potential of women within the company.

Ronald D. Sugar
Director
Dr. Sugar served as Chairman and Chief Executive Officer at Northrop Grumman Corporation from 2003 until his retirement in 2010. Previous to Northrop, he held executive positions at Litton Industries and TRW Inc., where he served as chief financial officer.
He is a member of the National Academy of Engineering and a fellow of both the American Institute of Aeronautics and Astronautics and the Royal Aeronautical Society. He is a director of Chevron Corporation, Amgen Inc. and Air Lease Corporation, and serves as a senior advisor to the private investment firm Ares Management LLC.
He is a trustee of the University of Southern California, where he also holds the Judge Widney Chair as Professor of Management and Technology. He is a member of the boards of UCLA Anderson School of Management, the Los Angeles Philharmonic Orchestra and several other philanthropic organizations focused on children and education.
He graduated summa cum laude in engineering in 1968 from the University of California, Los Angeles, where he also received master's and doctorate degrees in the same field. He subsequently completed executive programs at Stanford, Wharton and Harvard.

Shareholder Value:
Creation of shareholder value in Apple:
Date of appointment: November 17, 2010
In the last 10 years the average annualized return to shareholders was 26.6%. The present value of $1,000 (PV1000) invested 10 years ago is now $10,585, a gain of $9,138 and dividend reinvested of $447.


Alex Gorsky
Director
During Gorsky's tenure as CEO and chairman, Johnson & Johnson has become the world's largest healthcare company and one of the foremost innovators in research and development for emerging health technologies.
Gorsky began his tenure at Johnson & Johnson in 1988, accumulating a broad range of experience in sales, management, and marketing before becoming CEO in 2012. Gorsky has made innovation and technology key priorities, with groundbreaking investments that have helped shape the future of the pharmaceutical, medical device, and consumer health sectors.
An experienced leader in healthcare and business, Gorsky directs a global team of more than 130,000 at Johnson & Johnson. He is also a member of the Business Roundtable's board of directors and the chairman of its Corporate Governance committee. Gorsky serves on the boards of IBM, Travis Manion Foundation, and The Wharton School of the University of Pennsylvania.
As a former captain in the US Army, Gorsky has been a vocal advocate for improving mental health services for veterans and their families. He has also been a trailblazer for diversity and inclusion - helping Johnson & Johnson become a nationally recognized leader, and expanding parental paid leave and mentorship programs for employees across the company. Gorsky holds a Bachelor of Science from the US Military Academy at West Point, New York, and spent six years in the US Army, finishing his military career with the rank of captain. Gorsky also earned a Master of Business Administration from The Wharton School of the University of Pennsylvania in 1996.

Shareholder Value:
Creation of shareholder value in Apple:
Since appointment as Director: The present value of $1,000 invested on the appointment date of November 09, 2021 at close price of $148.92 is $1,168, including a capital gain of $152 and dividend reinvested of $16.

Albert Gore
Director
Former Vice President Al Gore is the founder and chairman of The Climate Reality Project, a nonprofit devoted to solving the climate crisis, a founding partner and chairman of Generation Investment Management, and a co-founder of Climate TRACE. He is also a partner at Kleiner Perkins Caufield & Byers, a member of Apple Inc.'s board of directors, and a member of the World Economic Forum's board of trustees.
Gore was elected to the U.S. House of Representatives in 1976, 1978, 1980, and 1982 and to the U.S. Senate in 1984 and 1990. He was inaugurated as the 45th vice president of the United States on January 20, 1993, and served eight years.
He is the author of the #1 New York Times best-sellers An Inconvenient Truth and The Assault on Reason and the NYT best-sellers Earth in the Balance, Our Choice: A Plan to Solve the Climate Crisis, The Future: Six Drivers of Global Change, and most recently, An Inconvenient Sequel: Truth to Power.
He is the subject of the documentary movie "An Inconvenient Truth," which won two Oscars in 2006 - and a second documentary in 2017, "An Inconvenient Sequel: Truth to Power." In 2007, Gore was awarded the Nobel Peace Prize, along with the Intergovernmental Panel on Climate Change, for "informing the world of the dangers posed by climate change."

James A. Bell
Director
James Bell, 72, is the retired Executive Vice President, Corporate President and Chief Financial Officer of The Boeing Company, an aerospace company. Mr. Bell served in this role from June 2008 to April 2012, having previously served as Executive Vice President, Finance and Chief Financial Officer from November 2003 to June 2008, and as Senior Vice President of Finance and Corporate Controller from October 2000 to November 2003. From 1992 to 2000, Mr. Bell held a series of positions with increasing responsibility at Boeing.
Among other qualifications, Mr. Bell brings to the Board financial and accounting expertise as a former chief financial officer of a large international public company, experience in strategic planning and leadership of complex organizations, and a global business perspective from his service on other boards.
Other Current Public Company Directorships
JPMorgan Chase & Co.
CDW Corporation
Dow Inc.
Selected Directorships and Memberships
Board of Trustees, Rush University Medical Center
Former Public Company Directorships Within the Last Five Years
DowDupont Inc.
Bell attended California State University, Los Angeles where he earned a bachelor's degree in Accounting.

Shareholder Value:
Creation of shareholder value in Apple:
Date of appointment: October 01, 2015
In the last 5 years the average annualized return to shareholders was 31.5%. The present value of $1,000 (PV1000) invested 5 years ago is now $3,930, a gain of $2,780 and dividend reinvested of $149.


Monica Lozano
Director
Prior to joining College Futures Foundation, Lozano spent 30 years in media as editor and publisher of La Opinion, the largest Spanish-language newspaper in the US, helping shine a light on issues from infant mortality to the AIDS epidemic. She went on to become chairman and CEO of La Opinion's parent company, ImpreMedia. Lozano continues to serve on the boards of Target Corporation and Bank of America Corporation.
Throughout her accomplished career as a business leader, public servant, and philanthropist, Lozano has made an indelible impact on companies and communities in the US and around the world, earning awards from organizations like The Leadership Conference on Civil and Human Rights and the United States Hispanic Chamber of Commerce.
In her role as CEO of College Futures Foundation, Lozano has been a tireless advocate for expanding access to higher education, partnering with philanthropic organizations, state and local governments, and local communities to improve opportunity for low-income students and students of color.
Lozano is a co-founder of the Aspen Institute Latinos and Society Program, and a former chair of both the University of California Board of Regents and the board of directors of the Weingart Foundation, a private philanthropic organization. Lozano is also a former board member of The Walt Disney Company.

Andrea Jung
Director
Andrea Jung is President and Chief Executive Officer of Grameen America, the fastest-growing microfinance organization in the United States. The former Chairman and Chief Executive Officer of Avon Products, Inc., and longtime champion of women's issues, Ms. Jung was appointed by Grameen's Founder and Chairman and Nobel Peace Prize Laureate Muhammad Yunus to the position in April 2014. Founded in 2008, Grameen America is dedicated to helping women who live in poverty build small businesses to create better lives for their families. Since Grameen America's inception, the organization has invested over $1.7 billion to more than 133,000 low-income women across the United States through its unique social capital model.
Ms. Jung, the longest-serving female chief executive in the Fortune 500, is respected as a trailblazer for women. She served as CEO of Avon from 1999 through April 2012, and as Chairman from 2001 through December 2012. As Avon's first woman CEO and Chairman, Ms. Jung was also the first woman to serve as Chairman of the Cosmetic, Toiletry & Fragrance Association, and as Chairman of the World Federation of Direct Selling Associations. During her tenure at Avon, she was responsible for developing and expanding economic earnings opportunities for over six million women in more than 100 countries. She has been lauded globally for her pursuit of public-private partnerships to end violence against women and to stem the breast cancer epidemic. Under her leadership, the Avon Foundation for Women raised and awarded nearly $1 billion to support health and empowerment causes, becoming the largest women-focused corporate philanthropy around the world. Ms. Jung's efforts were recognized by the Clinton Global Initiative, which in 2010 honored her with the Clinton Global Citizen Award for her visionary leadership in solving pressing global challenges.
Throughout her corporate tenure, Ms. Jung ranked consistently among the top leaders on lists including Fortune's "Most Powerful Women in Business," Forbes' "Most Powerful Women in the World," and the Financial Times' "Top Women in World Business." Ms. Jung is a graduate of Princeton University. She is a member of the Board of Directors of Apple Inc., Unilever, Rockefeller Capital Management and Wayfair Inc. She previously served on the boards of General Electric and Daimler AG.