More board-of-directors Stories

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Even after it goes public, Facebook will still be controlled single-handedly by CEO Mark Zuckerberg through a special class of stock and voting agreements. In other words, while you may own stock in the company, you will have virtually no say in what happens to it. Read more »

Credit: Disney

Apple today announced that Arthur D. Levinson, member of Apple’s board since 2005, will be the successor to Steve Jobs as Apple’s non-executive chairman. In addition, Apple has appointed Robert Iger, CEO and President of The Walt Disney Company to the board of directors. Read more »

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The Wall Street Journal is reporting that Apple’s Board of Directors will meet Tuesday concerning the vacancy left by Google CEO Eric Schmidt’s departure. Schmidt resigned two weeks ago over potential conflicts of interest between Google and Apple. The Journal is also reporting — really, stating […] Read more »

Former Apple Board of Directors member and current Google CEO Eric Schmidt wasn’t paid for his time at Cupertino. This despite Apple’s habitual practice of offering stock options and a $50,000 retainer to Board members, both of which Schmidt declined during his tenure. Instead, like other […] Read more »

Google CEO Eric Schmidt has resigned from Apple’s Board of Directors. Given the conflicts of interest, this is not unexpected — Schmidt had already recused himself from any iPhone discussion, and now that Google is getting into the OS business, I guess that would leave Schmidt […] Read more »

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