Apple’s Board of Directors (BOD) is composed of seven members. Out of the seven directors, six of them are males; Steve Jobs age 54, William Campbell age 69, Arthur Levinson Ph.
D. age 60, Ronald Sugar age 61, Millard Drexler age 65, and former vice president Albert Gore Jr. age 62 and one is a female Andrea Jung age 51. The average age for the board is 60 years old. The members of the board bring into Apple a vast experience from retailing, governmental, engineering and technological sector.
In addition, the Apple’s BOD has only one inside director the founder of the company Steve Jobs. All members of the board are interlocking directors which sit in other companies’ boards. The co-founder of Apple Inc. , Steve Jobs, is the current Apple’s Chief Executive Officer (CEO). He is also, the founder, Chairman and Chief E
...xecutive Officer for Pixar, Inc and serves as a director for Walt Disney Co.
.. William Campbell has been the Chairmen of the Board and Member of Audit & Finance Committee for Apple since 1997.Also he is the Chairman of the Intuit Inc. and serves as a Director for Netscape Communications Corporation, Hostopia.
com Inc. , Opsware Inc. , and Highlands Acquisition Corp. From 2000 – present Arthur Levinson Ph. D.
has been Co-Lead Director, Chairman of Nominating & Corporate Governance Committee and Member of Audit & Finance Committee and is the directors in many college institutes as Massachusetts Institute of Technology (MIT ) and Harvard. Andrea Jung is the Co-Lead Director and Chairman of Compensation Committee for Apple from 2008 till present.She is also Chairman of the Board and Chief Executive Officer fo
Avon Products Inc. and serves as a Director in other companies as well like NYSE Euronext, Inc. , Business Council of New York State Inc. etc.
Ronald Sugar has been the Director and Chairman of Audit & Finance Committee for Apple since 2010. He is the current Chairman and Chief Executive Officer for Northrop Grumman Electronicos, Inc. and also he is a director and is part of the Board Committees in different campanies.Millard Drexler the former GAP Inc.
Chief Executive Officer, President and Director and current Chairman, Chief Executive Officer, Chairman of J Crew Group Inc and Chief Executive Officer of J Crew Group Inc for J Crew Operating Corp. has been the Director, Member of Compensation Committee and Member of Nominating & Corporate Governance Committee for Apple since 1999. The last but not the least is the former U. S vice president Albert Gore Jr. who has been a Director, Member of Compensation Committee and Member of Nominating & Corporate Governance Committee for Apple from 2003 to present.He has been the founder of different companies like Current TV, LLC, and Generation Investment Management LLP where he is serves as a Chairman of the Board.
In addition, he is the senior advisor for Google Inc. one of the main competitors of Apple in the technology industry. According to Section 8 of The Clayton Antitrust Act of 1914, the “interlocking directorates are forbidden in the boards of two rival companies. ” Apple is not in violation with this section of Antitrust Act, however because all of its directors have interlocking positions this might worry many shareholders.
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