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Apple Undergoes Its Biggest Board Shakeup In Years
Mark Gurman reports via Bloomberg: In one of Apple's biggest board shake-ups in years (Warning: source may be paywalled; alternative source), longtime directors Al Gore and James Bell will be retiring from the company, with former Aerospace Corp. Chief Executive Officer Wanda Austin coming aboard. ...
"Al has contributed an incredible amount to our work -- from his unconditional support for protecting our users' privacy, to his incomparable knowledge of environment and climate issues," Apple CEO Tim Cook said in a statement. Apple said that Sugar is remaining "in consideration of the significant recent transitions in board composition and the value of retaining directors who have developed deep insights into the company during their tenure." Given Apple's rationale for retaining Sugar, it's unclear if the policy will apply to Chairman Arthur Levinson, who turns 75 next year.
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