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

by William White | July 8, 2014 12:34 pm

Apple (AAPL[1]) CEO Tim Cook is looking to add new directors[2] to the company’s board.

aapl-apple-tim-cook[3]

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[4] earlier this year and has taken the dive[5] into The Internet of Things.

More Apple (AAPL) News

Endnotes:

  1. AAPL: /stock-quotes/AAPL-stock-quote/
  2. add new directors: http://online.wsj.com/articles/tim-cooks-apple-takes-shape-1404757939
  3. [Image]: https://investorplace.com/wp-content/uploads/2014/07/42-e1404235237190.jpg
  4. $3 billion: https://investorplace.com/2014/05/apple-beats-appl-stock/#.U7wbkZRdWSo
  5. taken the dive: https://investorplace.com/2014/06/apple-homekit-internet-of-things/#.U7wcGJRdWSo
  6. AAPL: Apple Back-to-School Promotion Features $100 iTunes Gift Card: https://investorplace.com/2014/07/aapl-apple/

Source URL: https://investorplace.com/2014/07/aapl-apple-tim-cook/