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Filed under: Analysis / Opinion, Apple Corporate, Odds and ends, Other Events, Steve Jobs

Jobs to miss Apple shareholder meeting this week

Bloomberg is reporting that Steve Jobs will not attend this week's Apple shareholder meeting. That's not a big surprise -- Jobs' health has kept him from attending recent usual events, including Macworld earlier this year. But it is the first time in the over 10 years since he rejoined the company that he won't be appearing at the annual meeting.

Additionally, at this week's meeting, as usual, shareholders will vote on whether or not to re-elect Apple's directors to their one-year terms, including Jobs, though nothing is expected to change -- the company has remained strongly in support of Jobs as leader, even if they haven't talked about his health as much as some investors may have liked. COO Tim Cook will likely run most of the planned activities during the meeting.

We'll keep an eye on any news that comes out of the closed meeting (streams and transcripts won't be available, but there will be reporters in attendance), and let you know what we hear. As always, we wish Jobs and his company and family the best of health, and hope he is able to feel better soon.

[via CNET]

Filed under: Apple Corporate, Apple

Andrea Jung joins Apple board

Today, Andrea Jung joined Apple's Board of Directors. Jung is currently the chairman and CEO of Avon. She graduated from Princeton University, and also serves on the board of directors for the General Electric Company, and is on the board of trustees for New York Presbyterian Hospital.

"Andrea is a strong CEO and marketer and we look forward to benefiting from her insights and experience as a member of Apple's board," said Steve Jobs, today.

Jung is the eighth member of Apple's board of directors. As you may recall, the last member to join the board was Eric Schmidt, CEO of Google. Apple has recently come under fire about their perceived lack of diversity in the upper offices; this is a definite start to ending those comments. The current board of directors is made up of:
  1. Bill Campbell (Chairman and former CEO, Intuit Corp.)
  2. Millard Drexler (Chairman and CEO, J. Crew)
  3. Albert Gore Jr. (Former Vice President of the United States)
  4. Steve Jobs (CEO, Apple, Inc.)
  5. Andrea Jung (Chairman and CEO, Avon Products)
  6. Arthur D. Levinson, Ph. D. (Chairman and CEO, Genentech)
  7. Dr. Eric Schmidt (CEO, Google)
  8. Jerry York (Chairman, President and CEO Harwinton Capital)

Filed under: Apple Corporate, Apple Financial, Apple

Fred Anderson resigns from Apple Board

In a comment under yesterday's report on the outcome of the Apple stock option investigation, SubGenius wisely proclaimed "Fred is going to be the fall guy." Congratulations, SubGenius - you win a brand new star! (or at least you will when the star system is working again)

Fred Anderson, who valiantly served as Apple CFO from '96 to '04, informed Apple that he believes "it is in Apple's best interests that he resign from the board at this time." His official resignation was Sept 30, 2006. Of course just because Anderson resigned from the board doesn't mean he did anything wrong or that he's covering up for anyone else.. this kind of thing happens all the time. He probably just wants to spend more time with his family and improve his golf swing.

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