Apple's Board of Directors faces major changes: New members wanted
Two seats on Apple's Board of Directors will soon become vacant: One member of the Board of Directors is reaching the age limit, another is retiring.
Illustration of a board room with Apple logo: Self-imposed age limit.
(Image: Generiert mit Grok durch Mac & i)
Will the iPhone manufacturer have two new supervisors? The Group's Board of Directors could be due for a shake-up in 2025. The reason for this is the age of the people concerned, as Apple has an official limit on how long people can remain on the board. One of the positions even concerns the Chairman of the Board of Directors.
Chairman of the Board will probably be replaced
For example, ex-Genentech boss Art Levinson, who has been on the Board of Directors since 2000 and its current Chairman since 2011, will turn 75 in March. This birthday is normally a sign that the person in question will retire from the Board in the same year. It is conceivable that Levinson's departure will be announced at Apple's shareholder meeting in February. The important position of Chairman requires an adequate successor.
Tim Cook explicitly did not take on the role of Chairman after the death of Steve Jobs in 2011. As a long-standing member of the Board of Directors, Levinson was the ideal candidate. There are currently no firm rumors as to who will become the new Apple Chairman. However, Cook could now actually take over – in preparation for his own retirement as CEO. Cook will be 65 years old in November.
Videos by heise
Rejuvenation of Apple's supervisory board
The second board member to leave Apple could be Ronald Sugar, former Northrop Grumman boss. He is already 76 years old, but in March 2024 he received a kind of "special permission" from Cook to extend his term on the Board of Directors. At the time, the Apple boss emphasized that they wanted to continue using Sugar's "deep knowledge of the company". However, Sugar will probably have to leave the Board this year.
There were already two Board departures last year. Former US Vice President Al Gore and former Boeing manager James Bell both turned 75 and left the Board before a possible re-election in February 2024. In addition to Cook, Sugar and Levinson, the Apple Board of Directors currently includes Andrea Jung (CEO Grameen America), Alex Gorsky (former Executive Chair at Johnson & Johnson), Susan L. Wagner (co-founder and director at BlackRock), Monica Lozano (former head of the College Futures Foundation) and Wanda Austin, former CEO of the Aerospace Corporation.
Empfohlener redaktioneller Inhalt
Mit Ihrer Zustimmung wird hier ein externer Preisvergleich (heise Preisvergleich) geladen.
Ich bin damit einverstanden, dass mir externe Inhalte angezeigt werden. Damit können personenbezogene Daten an Drittplattformen (heise Preisvergleich) übermittelt werden. Mehr dazu in unserer Datenschutzerklärung.
(bsc)
