Apple CEO Tim Cook Wants to Add New Directors to AAPL Board

Many of the current members are loyal to Jobs

   

Apple CEO Tim Cook Wants to Add New Directors to AAPL Board

Apple (AAPL) CEO Tim Cook is looking to add new directors to the company’s board.

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Source: ©iStock.com/xyno

In a report from The Wall Street Journal, sources claim that the CEO is looking to change a lot about Apple. One of the biggest changes is the addition of new members to the company’s eight-person board, most of whom are loyal to Steve Jobs.

The addition of new members to Apple’s board could really shake up the company. Of the current board members, six are 63 or older and four of them have been there for over 10 years.Two of the members have been on the board since the late 1990s, WSJ notes.

While adding new directors to Apple’s board is a big change, it isn’t  the only one that the company has made. It also purchased Beats Electronics for $3 billion earlier this year and has taken the dive into The Internet of Things.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/07/aapl-apple-tim-cook/.

©2014 InvestorPlace Media, LLC

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