Apple Might Be Bobbing for Board Members
posted Saturday Sep 5, 2009 by Jon Wurm
There may be some unrest in Apple's board of directors with some of the reshuffling that's been going on. We recently talked about the CEO of Google Eric Schmidt resigning from Apple's BOD due to growing conflicts of interest but it seems he may not be the only one leaving. There have been some recent developments pertaining to Bill Campbell who is a key Apple board member and close adviser to Steve Jobs.
Campbell is also the chairman of Inuit and is a close adviser to Eric Schmidt as well but he is not officially on Google's board of directors. He is however the only outsider that attends their meetings. There is no concrete evidence yet of whether Campbell is leaving but is should be noted that he recently redeemed some director's stock options for a "non-sale transfer" of 60,000 APPL shares worth more than $7.7 million.
Campbell has been described as a key board member for Apple and in a 2008 story in "Fortune" magazine he is described as a mentor to many influential people and someone who has shaped the face of an industry.
This guy seems to be a big player for sure and he is in an interesting position between Apple and Google who seem to be going their separate ways. No one except Campbell can say for certain what is going on but it is possible that he is reconsidering his position on Apple's board. How do you think this will play out and how could it effect the future for
Apple?