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Financial Times Names Tim Cook 'Person of the Year'

TimCook.pngAfter being nominated for TIME's Person of the Year award, and subsequently losing out to the "Ebola Fighters", Apple CEO Tim Cook today was named Financial Times' Person of the Year.

In its announcement, Financial Times cited the huge burden of following in Steve Jobs' footsteps as one of Cook's biggest accomplishments this year, saying the CEO "held his nerve through attacks from activist investors and a loss of faith among some that Apple could succeed without its late founder."

The newspaper also pointed to Cook's infusion of new blood and ideas into the company as one of the driving forces behind Apple's big year. In particular, FT highlights the establishment of Cook's own values and priorities at the company, altering how Apple manages its financial side, and a newfound focus on relevant social issues, including his own sexuality, as some of the biggest moments.
It was a rare glimpse into his closely guarded personal life that also put at risk Apple’s brand in less tolerant parts of the world. Mr Cook was driven to take a stand by his experiences growing up in Alabama, where he has talked of seeing discrimination that “literally would make me sick”.
Financial Times also pointed to Cook's non-gender biased hiring methods, which included a handful of women for roles traditionally dominated by males. Also of note was Apple's acquisition of Beats, Cook's guidance of the record-breaking success of the iPhone 6 and iPhone 6 Plus, and the already ubiquitous discussion over next year's Apple Watch.

The publication does note critics who point out that Cook isn't as involved in product development as his predecessor, a fact many have cited as a reason why his on-stage persona isn't as lively and engaged as Jobs' when introducing new products and software for the company.

Financial Times looks to Cook's reactions to and solutions for these issues as a positive, however, pointing out that "Mr. Cook is aware of his shortcomings," and that his hiring of former Burberry CEO Angela Ahrendts and industrial designer Marc Newson will cleverly allow others to provide strengths to offset his weaknesses.

The full Person of the Year article, with a timeline of Apple's 2014 highs and lows, can be read at the Financial Times' official website.

Tag: Tim Cook


Top Rated Comments

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22 months ago

A good choice. This is much more than an honorary "we like Tim" kind of award.

2014 really was the first big year for Tim proving himself as CEO without the training wheels of past plans guiding him. And he did great.


Really? Iterative iOS product releases, no advancement on ATV, iCloud privacy fiasco, iOS 8 software stumbles out of the gate, and an announcement only of a new category for Apple (a product that doesn't solve any problems they way other Apple stuff does). I'd say the accolades are premature, considering how much he's being paid in Apple stock.
Rating: 11 Votes
22 months ago
A good choice. This is much more than an honorary "we like Tim" kind of award.

2014 really was the first big year for Tim proving himself as CEO without the training wheels of past plans guiding him. And he did great.
Rating: 9 Votes
22 months ago
Congrats Tim!
Rating: 6 Votes
22 months ago
Tim has had quite the year. I like the lifestyle/fashion-oriented direction Apple is now headed in under his leadership. (Time to excercise some stock options and take a nice vacation somewhere warm.)
Rating: 5 Votes
22 months ago
Good for him!!! Glad to read this.
Rating: 5 Votes
22 months ago
Interesting

And he invented exactly what?
Rating: 4 Votes
22 months ago
The company has been running on fumes ever since this guy took over. I don't see any innovation or creativity at all.

Apple Watch? Really?
Rating: 4 Votes
22 months ago

Running on fumes? Really?


That's putting it nicely. What has this guy done that ins't just a continuation of the work Jobs did?

Apple Watch? Yikes. If that's all this guy has up his sleeve, then Apple is in some serious trouble.
Rating: 4 Votes
22 months ago


"... saying the CEO 'held his nerve through attacks from activist investors'"


Yeah, and we all know who that was...

Rating: 3 Votes
22 months ago
Nice pick by the FT. Cook deserves this recognition and has been a great CEO so far. I like his unflappable style and the way he's managed the daunting task of stepping into the mythologically huge shoes of Steve Jobs. It's probably been fun for a lot of us to second-guess him and sit around mumbling "what would Steve do?" in the meantime but Tim Cook has had to get up and go to work and actually lead Apple every day since he was tapped for this job. He's more than just getting that job done, he's been good at it.
Rating: 3 Votes

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