In May, whereas unveiling the most recent iPad at an Apple occasion, CEO Tim Cook wore a custom-made, one-of-a-kind pair of Nike sneakers whose ornamental stitching included the phrases “Made on iPad.”
It wasn’t only a collab between Apple and Nike. As Bloomberg reminds readers, Cook has been on Nike’s board since 2005, when Cook was nonetheless second banana at Apple beneath Steve Jobs and the iPhone didn’t but exist on this planet.
It’s an even bigger dedication than some may think. According to Bloomberg, Cook is not only Nike’s lead unbiased director and its compensation committee chair, however as a part of a wanted turnaround story proper now at Nike, Cook helped safe former Nike exec Elliott Hill as the corporate’s latest CEO.
Hill, who started as an intern at Nike and retired in 2020, returned final week to switch former eBay CEO John Donahoe, who Cook had earlier endorsed for the highest job. Faced with slowing progress in China amid different challenges, Donahoe lasted simply 4 years within the position.