Apple in top 8 worst BOD's ?

Posted:
in General Discussion edited January 2014
<a href="http://biz.yahoo.com/rb/020926/financial_boards_list_1.html"; target="_blank">See here.</a>





Personally i think any computer thats still profitable and doing well right now should be exempt from a list like this. Was just interested in what people thought about this.

Comments

  • Reply 1 of 19
    groveratgroverat Posts: 10,872member
    I think Apple should be immune from all criticism and judgement.
  • Reply 1 of 19
    groveratgroverat Posts: 10,872member
    I think Apple should be immune from all criticism and judgement.
  • Reply 3 of 19
    I agree. Its like trying to pass judgement on God or something. You just cant do it. Hes perfect. He does what we want. We have to like it.
  • Reply 4 of 19
    kecksykecksy Posts: 1,002member
    Steve Jobs may have saved Apple, but he's still a greedy egocentric elitist. He's already a billionaire; He doesn't need a 42 million dollar bonus every year. Shame on Apple's board for giving Jobs whatever he wants. They deserve to be on the top of the list of worst boards. Like Enron, Apple is a company run by a CEO who believes his way of doing things is always the correct way. This attitude intimidates Apple's employees. They feel they can't question Jobs without getting on his bad side, so they reluctantly do whatever he says. When Jobs asks for a jet, the board is hesitant to say no because Jobs gets pissed when he can't have his way. Remember from the old days, a pissed Jobs is a bad thing. I wish more people at Apple would have the guts to stand up to Jobs and that he would be more open-minded and less of a dick. Let's just hope that Jobs' dark side doesn't destroy Apple. Let?s hope he continues to do more good than harm.
  • Reply 5 of 19
    progmacprogmac Posts: 1,850member
    We get it, innovation. Fire Jobs. At this point, he is only hurting. I'm serious.
  • Reply 6 of 19
    I think firing the savior of a company is a little overboard. Give em some time, i bet once we have a faster processor, no one will be complaining about anything (if and when that happens)
  • Reply 7 of 19
    [quote]Originally posted by Kecksy:

    <strong>Steve Jobs may have saved Apple, but he's still a greedy egocentric elitist. He's already a billionaire; He doesn't need a 42 million dollar bonus every year. Shame on Apple's board for giving Jobs whatever he wants. They deserve to be on the top of the list of worst boards. Like Enron, Apple is a company run by a CEO who believes his way of doing things is always the correct way. This attitude intimidates Apple's employees. They feel they can't question Jobs without getting on his bad side, so they reluctantly do whatever he says. When Jobs asks for a jet, the board is hesitant to say no because Jobs gets pissed when he can't have his way. Remember from the old days, a pissed Jobs is a bad thing. I wish more people at Apple would have the guts to stand up to Jobs and that he would be more open-minded and less of a dick. Let's just hope that Jobs' dark side doesn't destroy Apple. Let?s hope he continues to do more good than harm.</strong><hr></blockquote>



    Bla bla bla, shut the hell up. You have no clue.
  • Reply 8 of 19
    Apple could use a little shakeup on its board, especially that Campbell shmoe. Jobs' compensation is another matter.
  • Reply 9 of 19
    kecksykecksy Posts: 1,002member
    [quote]Originally posted by MafiaMac:

    <strong>



    Bla bla bla, shut the hell up. You have no clue.</strong><hr></blockquote>



    I'm sorry. Did I shatter your fantasy world?



    Denial - the inability or refusal to admit that something exists. Example: Mac Zealots who refuse to accept the fact that Steve Jobs, for all his brilliance, has problems are in denial.



    Stupidity - lack of intelligence, perception, or common sense. Example: MafiaMac, who's low IQ prevents him from using constructive criticism, resorts to flaming. He is an example of stupidity.
  • Reply 10 of 19
    progmacprogmac Posts: 1,850member
    [quote]Originally posted by Kecksy:

    <strong>



    I'm sorry. Did I shatter your fantasy world?



    Denial - the inability or refusal to admit that something exists. Example: Mac Zealots who refuse to accept the fact that Steve Jobs, for all his brilliance, has problems are in denial.



    Stupidity - lack of intelligence, perception, or common sense. Example: MafiaMac, who's low IQ prevents him from using constructive criticism, resorts to flaming. He is an example of stupidity.</strong><hr></blockquote>



    This is completely unnecessary.



    CONFIRMED: Jobs to be fired at release of G5 !!!



    (why do you think it is taking so long)
  • Reply 11 of 19
    [quote]Originally posted by MafiaMac:

    <strong>



    Bla bla bla, shut the hell up. You have no clue.</strong><hr></blockquote>



    ... that's pretty much what the people at Enron said while they thought their stock was still worth something - buried up to their necks in sh!t screaming "don't make a wave!" ...



    Hmmmm wonder what they'd say now?



    Here's a clue - Apple may be no Enron, but in this post WorldCom age, to be pointed out as the sneakiest B.O.D. on the block - especially when recent years have set new Olympic standards in boardroom sleaze - probably has more unfortunate significance than many here would care to admit.



    In a "It's hard to admit your hero's aren't super-human" and a "Where there's smoke, there's fire" kinda way ...



    Let's hope the boys around the table know how to handle the kind of heat something like this might bring ...



    Hmmmm ... makes ya wonder again why Larry left?
  • Reply 12 of 19
    matsumatsu Posts: 6,558member
    This is not about Jobs specifically but...



    One is forced to wonder exactly how shareholders became more reviled than even customers. While a few million bucks to run a large corporation is a fair salary, executive boards have routinely siphoned the profitability out of the companies they run, and let alone illegal activities, they can do it quite well through pure legal channels.



    When a companies post profits of a mere few million dollars on revenues in the hundreds of millions or even billions, it's rather hard to stomach combined executive salaries upwards of half a billion dollars. Then the shareholders sit around around trying to figure out, "Where did all the profits go?" dismayed by "Another profit warning?" The Corporate world needs a big shake-up, what's going on is akin to the employees stealing money out of the register, but as it stands it's all legal.
  • Reply 13 of 19
    [quote]Originally posted by Kecksy:

    <strong>Steve Jobs may have saved Apple, but he's still a greedy egocentric elitist. He's already a billionaire; He doesn't need a 42 million dollar bonus every year. Shame on Apple's board for giving Jobs whatever he wants. They deserve to be on the top of the list of worst boards. Like Enron, Apple is a company run by a CEO who believes his way of doing things is always the correct way. This attitude intimidates Apple's employees. They feel they can't question Jobs without getting on his bad side, so they reluctantly do whatever he says. When Jobs asks for a jet, the board is hesitant to say no because Jobs gets pissed when he can't have his way. Remember from the old days, a pissed Jobs is a bad thing. I wish more people at Apple would have the guts to stand up to Jobs and that he would be more open-minded and less of a dick. Let's just hope that Jobs' dark side doesn't destroy Apple. Let?s hope he continues to do more good than harm.</strong><hr></blockquote>



    If you look at anyone closely enough you won't like what you see. Jobs is no exception.



    Instead of judging Jobs by his personality, I like to judge him by his stewardship of Apple and by the creativity and usefulness of his ideas--after all, that's what he's CEO of Apple for. And when you judge Jobs based on these criteria, he fairs pretty damn well, since he did save Apple from the brink and in 5 years or so has turned Apple back into a company that's respected for their OS and for their innovation in providing consumer level solutions that only recently required expensive professional equipment. The success of OS X and the brilliance of Apple's iApplications and courtship of the DV market are all attributable to Steve Jobs.



    Does this mean I want Steve Jobs to date my mom? Hell no. I would judge him by a different criteria when it came to assessing his worthiness for shagging my mom. But as long as he's acting as CEO of Apple I'm going to praise him because he's done a damn fine job.



    As for the BOD, it's good that someone is keeping an eye on them. I would be real pissed if Apple went under due to criminal behavior of its executives and board members. My only complaint is that more executives haven't gone to prison lately, instead they get told not to do bad things again, or they're sent to a country club prison.



    Ken Lay and his loser friends belong in a federal-pound-me-in-the-ass prison.
  • Reply 14 of 19
    serranoserrano Posts: 1,806member
    [quote]Originally posted by Kecksy:

    <strong>



    I'm sorry. Did I shatter your fantasy world?



    Denial - the inability or refusal to admit that something exists. Example: Mac Zealots who refuse to accept the fact that Steve Jobs, for all his brilliance, has problems are in denial.



    Stupidity - lack of intelligence, perception, or common sense. Example: MafiaMac, who's low IQ prevents him from using constructive criticism, resorts to flaming. He is an example of stupidity.</strong><hr></blockquote>



    Man YOU DON'T KNOW [email protected] I KNOW STEVE, and he's a beautiful man.
  • Reply 15 of 19
    kecksykecksy Posts: 1,002member
    [quote]Originally posted by serrano:

    <strong>



    Man YOU DON'T KNOW [email protected] I KNOW STEVE, and he's a beautiful man.</strong><hr></blockquote>



    <img src="graemlins/lol.gif" border="0" alt="[Laughing]" />
  • Reply 16 of 19
    [quote]Originally posted by Kecksy:

    <strong>



    I'm sorry. Did I shatter your fantasy world?



    Denial - the inability or refusal to admit that something exists. Example: Mac Zealots who refuse to accept the fact that Steve Jobs, for all his brilliance, has problems are in denial.



    Stupidity - lack of intelligence, perception, or common sense. Example: MafiaMac, who's low IQ prevents him from using constructive criticism, resorts to flaming. He is an example of stupidity.</strong><hr></blockquote>



    Maybe you should also consider that you have no express knowledge on what goes on behind apple's doors. I think Steve is a dick, but he is a good salesman, and I hear he works long hours. He is defining the entire industry. If you consider that he is responsible for billions of dollars worth of transactions each year, (the whole industry rides on his ideas and salesmanship) then what's 42 mil?



    And what's this backwards puritan attitude towards money I see resurging in America (and the world)? Let the market decide what a person's work is worth. Since YOU determine the market, it's a pretty good indicator on your opinions.
  • Reply 17 of 19
    kelibkelib Posts: 740member
    Personally I don't think any person is worth that amount of money, just MHO. At the same time 100's of millions of kids will go hungry to sleep tonight. It's a sick world we live in
  • Reply 18 of 19
    bellebelle Posts: 1,574member
    From <a href="http://www.crazyapplerumors.com"; target="_blank">Crazy Apple Rumors</a>:

    [quote]<strong>Friday, September 27, 2002 Â*



    Apple Responds To Criticism, Reorganizes Board.



    Quickly responding to a critical evaluation issued by BusinessWeek, Apple announced today that it has reorganized its board of directors.



    According to a press release issued by the company, Millard Drexler will switch seats with Arthur Levinson, and Jerry York will no longer be allowed to sit near the window.



    Apple spokesperson Cynthia McLaren said "This arrangement will allow the board to better focus on the issues facing the company."



    Privately, McLaren confided, "Apparently, Bill Campbell was picking on Drexler. You know, flicking his ear, writing 'doodie' on his notepad, that kind of thing. And York, well, he was just spending the whole meeting watching the squirrels outside. After the meetings he'd run downstairs and chase them."



    The company's reorganization goes beyond just the changes to the seat assignments. Additionally, several board members have been forced to resign their positions.



    Among those who have resigned are such nefarious characters as the Soggies, for years the bitter enemies of Cap'n Crunch, Skeletor of the Masters of the Universe, and deceased Cambodian dictator Pol Pot.



    "We were just as shocked as anyone when we realized they were on the board in the first place!" McLaren said. "Don't know how that happened! Boy! Heh-heh! Whoo! Ha-ha! Ahhh..."



    Skeletor issued a statement immediately following his resignation, saying "Gah! I will crush the bones of the BusinessWeek analysts! I will grind them into dust! I will pulverize them! I will seek financial compensation from them by means of litigation!"



    Apple has also responded to the criticism swirling around CEO Steve Jobs' compensation, revealed yesterday to be the the highest among 45 major U.S. businesses. Now, Apple said, instead of receiving a salary of $1 and $43.5 million in bonus compensation, Jobs will receive a salary of $43.5 million and a $1 bonus.



    "There," said McLaren. "Everyone happy?"</strong><hr></blockquote>

    <img src="graemlins/lol.gif" border="0" alt="[Laughing]" />
  • Reply 19 of 19
    matsumatsu Posts: 6,558member
    It seems odd to me that shareholders routinely let themselves get reamed by executive boards. Then again, the whole public trading structure lends itself to that. For me it has nothing to do with backwards puritanism. It has to do with significant profits getting skimmed right off my shares (in any company of which I OWN a piece) to subsidize executive habits. I want MY money and the Jobs' of the world make it harder to get.
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