I agree. Lost iPhone 5 is a really big issue, the last lost model was international news. There can be little doubt that Cook was briefed on it. I seriously doubt he had no opinion about it voiced in that meeting.
Furthermore, someone at Apple at some point in the past decided they needed a private police force with badges and uniforms that looks like real police, and recruited from "retired" police (how can one be 26 and retired anyway). That's not a casual decision by some middle manager, that's another CEO level decision, and that one probably came from Jobs.