“Tim Cook, who has run Apple Inc. for five months while Steve Jobs has been on medical leave, has emerged as a star in his own right — and one that the company needs to make sure stays put,” Yukari Iwatani Kane and Joann S. Lublin report for The Wall Street Journal.
“Mr. Cook has been the target of overtures from other technology giants in the past: Motorola Inc. tried to hire Mr. Cook last year while Dell Inc. wooed the executive two years ago, according to people familiar with the situation. Apple, Motorola and Dell declined to comment,” Kane and Lublin report.
“The Cupertino, Calif., company’s board is ‘acutely aware that Tim is a very attractive property,’ says a person familiar with Apple’s thinking. As a result, the chief operating officer and 11-year Apple veteran may be invited onto Apple’s board. He currently serves on the board of Nike Inc.,” Kane and Lublin report.
“Recruiters say Mr. Cook’s leadership of Apple over the past five months has solidified his reputation as an attractive candidate for large companies looking for someone to run all or a big piece of their businesses,” Kane and Lublin report.
“According to regulatory filings, Mr. Cook received total compensation of $7.4 million last year, including a base salary of $700,000. The company raised his base salary to $800,000 for the current year,” Kane and Lublin report.
Full article here.
[Attribution: AppleInsider. Thanks to MacDailyNews Reader “James W.” for the heads up.]
