Critics take issue with lack of diversity on Apple Board of Directors
Apple's primarily male Board of Directors is under the microscope, as critics contend that the iPhone maker should do more to diversify its governing body beyond white men.
The company recently made a small tweak to its corporate charter vowing to diversify its board, following criticism from shareholders Trillium Asset Management LLC and the Sustainability Group, according to Bloomberg. Specifically, the groups have taken issue with the fact that only one woman, former Avon CEO Andrea Jung, serves on Apple's board.
The two groups reportedly met with Apple representatives a number of times in the past few months, and were planning to bring their concerns to the company's Feb. 28 shareholder meeting for a potential vote. Those plans were nixed, however, after Apple revised its corporate charter to say it would consider women and minorities as board candidates.
"The nominating committee is committed to actively seeking out highly qualified women and individuals from minority groups to include in the pool from which board nominees are chosen," the new language in the company charter reads.
Outside of Jung, the entirety of Apple's board of directors are all white men, including Chief Executive Tim Cook, former U.S. Vice President Al Gore, board chairman Arthur D. Levinson. Remaining members of the board are Intuit Chairman Bill Campbell, J. Crew Chief Executive Millard Drexler, Walt Disney Company CEO Robert A. Iger, and former CEO of Northrop Grumman Ronald D. Sugar.
Of course, a lack of diversity among Apple's top brass is not a situation unique to the Cupertino, Calif., device maker. Bloomberg noted that just 17 percent of Fortune 500 board seats are held by women, while 15 percent of chief executives are female.
Apple will officially add a woman to its executive team this year, when Angela Ahrendts takes over the company's newly created position of Senior Vice President of Retail and Online Stores. The new role will make Ahrendts the only woman in a senior leadership position at Apple, joining the likes of other senior vice presidents Jony Ive, Eddy Cue, Craig Federighi, and Phil Schiller.
The company recently made a small tweak to its corporate charter vowing to diversify its board, following criticism from shareholders Trillium Asset Management LLC and the Sustainability Group, according to Bloomberg. Specifically, the groups have taken issue with the fact that only one woman, former Avon CEO Andrea Jung, serves on Apple's board.
The two groups reportedly met with Apple representatives a number of times in the past few months, and were planning to bring their concerns to the company's Feb. 28 shareholder meeting for a potential vote. Those plans were nixed, however, after Apple revised its corporate charter to say it would consider women and minorities as board candidates.
"The nominating committee is committed to actively seeking out highly qualified women and individuals from minority groups to include in the pool from which board nominees are chosen," the new language in the company charter reads.
Outside of Jung, the entirety of Apple's board of directors are all white men, including Chief Executive Tim Cook, former U.S. Vice President Al Gore, board chairman Arthur D. Levinson. Remaining members of the board are Intuit Chairman Bill Campbell, J. Crew Chief Executive Millard Drexler, Walt Disney Company CEO Robert A. Iger, and former CEO of Northrop Grumman Ronald D. Sugar.
Of course, a lack of diversity among Apple's top brass is not a situation unique to the Cupertino, Calif., device maker. Bloomberg noted that just 17 percent of Fortune 500 board seats are held by women, while 15 percent of chief executives are female.
Apple will officially add a woman to its executive team this year, when Angela Ahrendts takes over the company's newly created position of Senior Vice President of Retail and Online Stores. The new role will make Ahrendts the only woman in a senior leadership position at Apple, joining the likes of other senior vice presidents Jony Ive, Eddy Cue, Craig Federighi, and Phil Schiller.
Comments
No one with any intelligence whatsoever gives a flying frick. Apple isn’t going to hire “minorities” to fill some magical quota. They’ll hire who can do the job, whoever that may be.
AI, don’t perpetuate this nonsense.
"No one with any intelligence whatsoever gives a flying frick. Apple isn’t going to hire “minorities” to fill some magical quota. They’ll hire who can do the job, whoever that may be.
AI, don’t perpetuate this nonsense." – Tallest-Skii
Zactly. Well said.
No one with any intelligence whatsoever gives a flying frick. Apple isn’t going to hire “minorities” to fill some magical quota. They’ll hire who can do the job, whoever that may be.
AI, don’t perpetuate this nonsense.
+1000. Amen. Nobody cares about who's on Apple's board. You make decisions on the best available talent at the time, not to fill arbitrary checkboxes based on race and gender."The company recently made a small tweak to its corporate charter vowing to diversify its board..."
Apple gives a flying frick.
http://www.fastcompany.com/3023591/angela-ahrendts-a-new-season-at-apple
No one with any intelligence whatsoever gives a flying frick. Apple isn’t going to hire “minorities” to fill some magical quota. They’ll hire who can do the job, whoever that may be.
AI, don’t perpetuate this nonsense.
It's good to see someone who understands so well the challenges of this world.
Sorry, you can't have an all black basketball team, you must now draft and play at least 1 caucasian, 1 hispanic, 1 eastern european, and one South American. One must also be a woman.
Also, you must have at least 2 players under 5' 7" as having them all taller than that is height discrimination.
Now lets get started on hockey....
PS: your last, well every President of the US, has been a male, so next election we are mandating that it must be a woman of minority that is obese.
If I am not mistaken, Bloomberg has only one woman on its Board. And how many times have we seen an AppleInsider article written by a woman?
As the saying goes, "People who live in glass houses shouldn't throw stones"
The comments here? #everydaysexism
The idea that Apple can't find qualified board members who aren't white males is ridiculous.
The comments here? #everydaysexism
The idea that Apple can't find qualified board members who aren't white males is ridiculous.
Yeeah! We had to wait post 18 to have a sensible comment.
Good God, people, grow up.