Apple Board says it's got Steve's back

Posted:
in General Discussion edited January 2014
Apple Inc.'s Board of Directors on Wednesday refused to enter into a war of words with former CFO Fred Anderson, but said it has complete confidence in the integrity of chief executive Steve Jobs and the company's independent investigation into its stock options issues.



"We are not going to enter into a public debate with Fred Anderson or his lawyer," the company's Board said in a statement release just before market close. "Steve Jobs cooperated fully with Apple's independent investigation and with the government's investigation of stock option grants at Apple."



The Board went on to say that the SEC investigated the matter thoroughly and that "its complaint speaks for itself, in terms of what it says, what it does not say, who it charges, and who it does not charge."



Apple's Board is comprised of Bill Campbell, Millard Drexler, Albert Gore Jr., Arthur D. Levinson, Eric Schmidt and Jerry York.

Comments

  • Reply 1 of 4
    SpamSandwichSpamSandwich Posts: 33,408member
    Of course they'll back Steve, he has the momentum and the market on his side right now. He's the new Walt Disney!
  • Reply 2 of 4
    Exactly, what else can they do right now? They are going to ride the wave until it breaks.
  • Reply 3 of 4
    benroethigbenroethig Posts: 2,782member
    Playing devil's advocate here, he did basically hand pick the current board.
  • Reply 4 of 4
    bageljoeybageljoey Posts: 1,915member
    Quote:
    Originally Posted by BenRoethig View Post


    Playing devil's advocate here, he did basically hand pick the current board.



    "It's good to be the king!"
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