Jul 072014

The Wall Street Journal has published a new profile of Tim Cook which gives us information about the CEO’s plans regarding Apple’s Board of Directors.

“That includes Apple’s board. According to people familiar with the company, Mr. Cook is actively seeking new directors to add to Apple’s eight-person board, known for its loyalty to Mr. Jobs. Six of the seven outside directors are aged 63 or older. Four of them have served for more than a decade, including two who have been on the board since the late 1990s: former Intuit Corp. INTU -1.50% Chief Executive Bill Campbell and J. Crew Group Inc. Chief Executive Millard S. “Mickey” Drexler.“


Most Board members were brought in by Steve Jobs, the only addition during the Cook era has been Bob Iger, the CEO of Disney.

With Apple moving into new industries such as mobile payments, fitness devices, and more fashion-oriented gear, Cook will probably focus on seeking experts from those fields.


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