Former Vice President Al Gore will retire from Apple's board next month after more than 20 years with the company.
Apple said in a filing with the U.S. Securities and Exchange Commission that Gore and former Boeing CEO James Bell will step down at the company's 2024 annual shareholder meeting next month. Announced.
Boards generally have a policy that a director may not stand for re-election as a director once he or she reaches the age of 75. Gore and Bell turned 75 last year.
“We are deeply grateful to Al and James for their contributions to Apple over the years,” said Apple CEO Tim Cook. “Their insights, energy, and values have made us stronger in many ways. It has become a company.” in a statement.
“For more than 20 years, Al has made incredible contributions to our work, from his unconditional support for protecting user privacy to his unparalleled knowledge of environmental and climate issues,” said Cook. He continued.
goa Joined Apple's Board of Directors Founded in 2003, it currently owns 468,995 shares of Apple stock, valued at approximately $87 million. His total compensation on the board in 2023 is $376,894, including $100,000 in acquisition fees and $275,022 in stock awards, according to filings.
Mr. Gore serves on the board's human resources and compensation committee as well as the corporate governance committee, according to SEC filings.
Mr. Bell owns approximately 38,527 shares of the company's stock, valued at more than $7 million. He joined the Board in 2015 and serves on the Board's Audit and Finance Committee.
Apple announced Thursday that it has named Dr. Wanda Austin, former president and CEO of Aerospace Corporation, to the company's board of directors.
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