Board of Directors Apple
A. Board of Directors 1. William V. Campbell
Chairman
Intuit, Inc. (external) 1983
Tim Cook
CEO
Apple (internal) 2011
Millard S. Drexler
Chairman and Chief Executive Officer
J. Crew (external) 1999
Albert Gore, Jr.
Former Vice President of the United States (external) 2003
Andrea Jung
Chairman and Chief Executive Officer
Avon Products, Inc. (external) 2008
Arthur D. Levinson, Ph.D.
Chairman and Chief Executive Officer
Genentech, Inc. (external) 1980
Ronald D. Sugar, Ph.D.
Former Chairman and CEO
Northrop Grumman Corporation (external) 2010 2. Members of the board do in fact own stock in Apple including Tim Cook who was given 1 million shares when he became CEO. 3. From research online I found that most Board members had a mix of both public and restricted stock depending on the person. 4. All of the board members are seasoned CEO’s of their own corporations, many of which have been the best of their expertise for decades and served on many other boards. 5. The year each member of the board joined is adjacent to their names. 6. Members of the board do not only “rubber stamp” management decisions but are also excited to use their talents and ideas to further better the company. For example, in his bio on Apple.com, it is stated about that Ron Sugar that: “In addition to having been the CEO of a high-tech Fortune 100 company, Ron has a Ph.D. in engineering and has been involved in the development of some very sophisticated technology.”
CORPORATE GOVERNANCE
A. Board of Directors
1. Who is on the board? Are they internal or external members?
2. Do they own significant shares of stock?
3. Is the stock privately held or publicly traded? Are there different classes of stock with different voting rights?
4. What do the board members contribute to the corporation in terms of knowledge, skills, background, and connections? If the corporation has international