Apple says longtime directors Al Gore and James Bell are retiring from the board
Publishing timestamp: 2024-01-11 17:35:38
Summary
Former Vice President Al Gore and ex-CFO James Bell are retiring from Apple's board after more than 20 years. They will be replaced by former Aerospace CEO Wanda Austin pending a shareholder vote. Gore and Bell are retiring due to Apple's policy that forbids board members from being reelected at the age of 75. Gore has earned a fortune in stock awards during his time on the board. Apple has nominated Austin for election to its board of directors. CEO Tim Cook has started discussing retirement and executive succession planning.
Sentiment: NEUTRAL
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