Tim Cook will transition to the role of Executive Chairman on September 1, concluding a 15-year tenure as Apple’s CEO. Since assuming the position on August 24, 2011—weeks before the death of Steve Jobs—Cook has overseen a period of extraordinary financial growth. Under his leadership, Apple’s revenue increased by 303% and profits by 354%. Most significantly, the company’s market valuation rose from $297 billion to $4 trillion, a 1,251% increase. Cook’s success is defined by "horizontal progress," or the ability to scale existing successes. Read the full story at Stratechery (subscription).
Source · Stratechery
