DR Barton, a principal at Woodshaw Financial Group, analyzed the stock market ahead of its opening and revealed the hottest tech stocks for investors.
The composition of Apple's board of directors will soon change as two long-time members retire.
Apple announced Thursday that former Vice President Al Gore and former Boeing CFO James Bell are both resigning.
Apple said in a filing with the Securities and Exchange Commission that their retirements from the board will take effect in late February, ending Gore's 21-year term and Bell's nine-year term.
Former Vice President Al Gore attends the UK premiere of “An Inconvenient Sequel: The Power of Truth'' held at Somerset House on August 10, 2017 in London, England. (Dave J. Hogan/Dave J. Hogan/Getty Images/Getty Images)
Apple CEO Tim Cook praises Gore's 'contributions'[ing] The award was an “incredible sum” for Apple's efforts related to privacy and environmental protection, and Bell was awarded for “the critical perspective and deep expertise he has provided over many years in areas such as auditing and finance.” It shows gratitude.
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Apple said a policy that “generally” limits re-election to board members once they reach age 75 facilitated the future departures of Gore and Bell.
James A. Bell speaks at the Martin Luther King Jr. Memorial Dream Gala held at the Hilton Hotel in Washington, DC, on October 15, 2011. (Paul Morigi/Wire Image for Tommy Hilfiger/Getty Images)
At the same time, the tech giant named former Aerospace Corporation CEO Wanda Austin as a new director nominee.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| AAPL | Apple. | 185.59 | -0.60 | -0.32% |
“Like Apple, I have always believed in the power of innovation to improve lives, support human potential, and shape a better future,” Austin said. Her resume also includes board positions at biotechnology company Amgen and energy giant Chevron.
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The company recently welcomed new board members in 2021.
The Apple Inc. logo on one of Apple Inc.'s stores in Sydney, Australia, March 18, 2022. (Photographer: Brent Lewin/Bloomberg via Getty Images / Getty Images)
In an SEC filing, Apple said that despite Austin's 75-year-old status, Austin, along with former Northrop Grumman CEO and Apple Audit Committee Chairman Ron Sugar, were reelected. It said it plans to recommend Mr. Austin's name along with seven other existing board members. age.
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In recent months, the company has announced several products, including the iPhone 15 slate, Apple Watch Series 9, and new iMac and MacBook Pro products. Earlier this week, the company set a US launch date for its Vision Pro augmented reality headset for February.
