2/6/11

Proxy Firm ISS Says Apple Should Disclose Succession Plan For CEO Steve Jobs

Apple Inc. should disclose its succession plans for Chief Executive Steve Jobs, an influential proxy advisory firm said in a report backing a shareholder proposal.

Institutional Shareholder Services said all companies should have succession plans in place, and Apple shareholders would benefit by having a report on the company's succession plans disclosed annually.
"Such a report would enable shareholders to judge the board on its readiness and willingness to meet the demands of succession planning based on the circumstances at that time," ISS said. Apple wasn't available to comment.
The Innovation Secrets of Steve Jobs: Insanely Different Principles for Breakthrough Success
Carmine Gallo




Apple has been reluctant to talk publicly about its ...
While Jobs's request for privacy during medical leave is logical, Apple investors have a right to want more transparency than Apple's offering.

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