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CNN honors Tim Cook as ‘CEO of the year’ thanks to climbing stock price

<em><a href="http://9to5mac.com/2014/09/09/apple-offering-new-u2-album-songs-of-innocence-for-free-on-itunes/">Tim Cook and U2 at this year’s iPhone 6 event</a></em>

Apple CEO Tim Cook ranked well on CNN Money’s list of best CEOs of 2014 taking the top spot of CEO of the year. The news organization said Cook has “arguably the toughest CEO job in America” as he battles critics skeptical of his performance running Apple without Steve Jobs and cited the company’s 40% stock climb this year as well as the debut of the iPhones 6 and Apple Pay ahead of the Apple Watch early next year.

Anyone starting to see a pattern this year? CNN isn’t alone in honoring the Apple CEO with a nod as a significant player in 2014.

Earlier this month, the Financial Times awarded Tim Cook with ‘Person of the Year’ title for the same reasons as CNN—great new products and climbing stock price—but the FT also gave nod to Cook’s personal essay on his sexuality published earlier this year and his decision for Apple to acquire Beats for $3 billion.

Cook was also nominated as a finalist for the ultimate Person of the Year spot from Time Magazine for the same reasons as CNN and the Financial Times, although ultimately the spot went to the ebola fighters.

Runner up to Tim Cook on CNN’s CEO of the year list? BlackBerry CEO John Chen, whom they call the comeback kid, followed by Microsoft’s newly appointed CEO Satya Nadella following Steve Ballmer’s exit this year. T-Mobile CEO John Legere makes the list as well, probably in part due to his charismatic charm. Check out the full list here.

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Comments

  1. Tim Cook is my type of CEO: he will be up front and MainStage for big events and announcements but he isn’t looking for headlines and the spotlight on a daily basis… and when he talks, its usually concise and clear.

  2. Alejandro McNab - 9 years ago

    This is actually bad news for Apple. This award with unfortunately allow Tim Cook to continue as CEO, causing Apple to slowly regress back to the Sculley days. Under Tim Cook Apple seems to be more concerned with market share and stock prices, and no longer is concerned with thinking different (which is what made Apple the company it is today). Tim Cook has his place in Apple, just not as CEO. Apple needs someone more technology-minded rather than business-minded.

  3. degraevesofie - 9 years ago

    I don’t care too much about the awards he gets, but AAPL is certainly among our better-performing investments (both this year, and in the long term).

  4. TechPeeve (@TechPeeve) - 9 years ago

    Apple is truly the epitome of Capitalism and a corporate paragon to be proud of!

    • rettun1 - 9 years ago

      hey yea you’re right….
      And that makes me like them a little less :(

  5. Surfer (@exsurfer) - 9 years ago

    Thisaward was not based solely on the stock price; Apple’s stock has been sky high for 5 years. This is largely due to his involvement in the LGBT community and his own “coming out”. Don’t bve fooled–the award is highly political. Don’t get me wrong, I like cook, but like others, I am concerned he is not a visionary–hopefully he relies on people like Ive to guide the company.

  6. Superman (@Codiwin) - 9 years ago

    I’ll never watch Apple product announcement events again until Cook is fired!

    • dafthunk - 9 years ago

      It’s a shame as he seems to be doing a great job as CEO, but wow is he a bad product announcement guy. I find it very awkward to watch him announce a product as he just doesn’t seem genuine at all. It all looks like fake excitement. Maybe he’s just really nervous and not that type of guy to be charismatic on stage no matter how hard he tries.

Author

Avatar for Zac Hall Zac Hall

Zac covers Apple news, hosts the 9to5Mac Happy Hour podcast, and created SpaceExplored.com.