Apple, Inc., the American tech giant, has grown to become one of the largest companies in the world, with an expansive market capitalization of over $800 billion and over 1.2 billion active iPhones, iPads, and Macs worldwide. Apple’s success is mainly owed to visionary company founders Steve Jobs and Steve Wozniak and its impressive board of directors, such as Tim Cook, Al Gore, and others. They have contributed to Apple’s success over the years.
The Apple Board of Directors
Apple’s board of directors includes Andrea Jung, Arthur D. Levinson, Tim Cook, Ronald D. Sugar, Al Gore, and others. Each director comes with a unique set of skills and experience that has assisted in making Apple the successful Company it is today.
These noble men and women come into the board with versatile expertise that has helped the Company achieve its goals. Let’s look at the background of individual Apple board members.
Keep reading to know more about some of Apple’s board members and their contributions to this innovative technology company.
As the CEO of Apple, Tim Cook is responsible for all of the Company’s worldwide operations. Tim also sits on the Company’s board of directors. Before becoming a CEO in August 2011, Cook was Apple’s Chief Operating Officer overseeing all of the Company’s global sales. His role included end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets.
He also headed up Apple’s Macintosh division. He played a vital role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly competitive marketplace. Cook joined Apple in March 1998 as Senior Vice President of Worldwide Operations and took the Vice Presidency of Worldwide Sales and Operations role from September 1999 until July 2004, when he was named chief operating officer.
Before joining Apple, Cook spent 13 years at IBM, where he held various positions in manufacturing and development. His last position at IBM was vice president of corporate materials before joining Compaq in 1997 as executive vice president of its Personal Systems Group, overseeing the group’s manufacturing, engineering, and product design functions.
Cook holds a bachelor’s degree in industrial engineering from Auburn University and master’s degrees from Louisiana State University (MBA) and Duke University (MBA).
Ms. Jung has been a member of Apple’s board since 2008. She provides valuable insights and perspectives to the board on various topics, including marketing, customer service, and operations. In addition, her experience as a CEO gives her a unique perspective on corporate governance issues.
Before joining Apple, she served as Chairperson and CEO of Avon Products from 1999-2006. Under her leadership, Avon became one of the world’s leading direct sellers, with over $6 billion in revenue per year.
Ms. Jung holds a Bachelor’s degree in Economics from Brown University and an MBA from Stanford University Graduate School of Business. Before being named CEO of Avon, she was President and Chief Operating Officer of Hasbro Toys, where she spearheaded the Company through its IPO.
Andrea began her career at consulting firm McKinsey & Company before becoming Chairperson and CEO of the fashion brand Liz Claiborne from 1997-1999.
Former USA Vice President Al Gore has been a member of the Apple board since 2003. He brings a wealth of experience in politics and public policy to the table and is also an environmentalist.
In 2006, Gore was instrumental in getting Apple to commit to using 100% renewable energy to power its facilities. He’s currently the chairman of The Climate Reality Project, an organization working to solve the climate crisis.
The group gets funds from donations from individuals, businesses, and foundations passionate about protecting our planet.
Gore received his B.A., B.S., M.A., and Ph.D. degrees from Harvard University before becoming one of the most critical voices in global affairs throughout the last three decades.
Sugar served as CEO of Northrop Grumman Corporation from 2003 until his retirement in 2010. During his tenure, Northrop Grumman nearly doubled in size and became a global leader in defense and aerospace technology.
Sugar began his career as an engineer at Hughes Aircraft Company and held various leadership positions over 18 years with The Aerospace Corporation, a leading provider of technical and management services to the U.S. government space program.
He has a bachelor’s degree in electrical engineering from UCLA and a master’s degree in business administration from USC. He also serves on Dow Chemical Company, Hess Corporation, Motorola Solutions, and ITT Industries boards.
When did Sugar join the Apple board of directors? He joined on July 16, 2013. He is serving on six different boards, which speaks of his vast experience in many industries and executive experience.
Before Alex joined the Apple board of directors on November 9, 2021, he was the CEO of Johnson & Johnson. Alex boasts decades of experience in health technologies and corporate leadership.
Gorsky joined Johnson & Johnson in 1988 and accumulated enough experience before becoming its CEO in 2012. Therefore, he has made a tremendous contribution to the success of the Apple Company.
Arthur D. Levinson
Arthur D Levinson was named as a non-executive chairman of the Apple board on November 15, 2011. Previously, Levinson had been serving as a co-lead director of the board since 2005. During that period, he served on three committees:
- Auditing and finance.
- Nominating and corporate governance.
- Compensation committee.
Arthur D Levinson joined the Apple board in 2000. He is renowned for his immense contribution to the Company’s growth. To demonstrate his unparalleled experience, he continued to serve on the audit committee when he was named as a non-executive board chairman by Robert A Iger in 2011.
Besides Apple, Levinson is also the chairman of Genentech, Inc., which he joined as a research scientist in 1980. He also sits it the board of Amyris, NGM Biopharmaceuticals, Inc. Other boards where he is a member include Scientific Consultants of Memorial Sloan-Kettering Cancer Center and the Lewis-Sigler Institute for Integrative Genomics.
Sue L Wagner joined the Apple board of directors on July 17, 2014, after the retirement of Bill Campbell, the longest-serving board member.
Sue is renowned for her impressive work at BlackRock, a company she co-founded in 1988. Under her stewardship, BlackRock became the world’s most thriving asset-management Company. She served as BlackRock’s vice chairperson until mid-2012, but she’s still a board member of BlackRock, Swiss Re, Hackley School, and Wellesley College.
Susan is an expert in the financial industry, and her expertise has helped to propel Apple to its current giant financial status. She boasts of a rich experience in M&A, and she has an eye for building a global business.
James Bell Jr.
James Bell served as the Chief Financial Officer and Senior Vice President of Corporate Strategy at The Walt Disney Company. Before that, James was the Vice President and CFO at Walt Disney Parks and Resorts.
Bell serves on the boards of directors for AMC Networks and K.B. Home. He boasts an MBA from the University of Chicago Booth School of Business and a B.A. in Economics from Dartmouth College.
He is currently a non-executive director at Hudson’s Bay Company, Marvell Technology Group Ltd., The Blackstone Group L.P., Nespresso S.A. (VIV: NASDAQ), Office Depot, Inc., Sanmina Corporation (NYSE: SANM) and The Walt Disney Company (NYSE: DIS).
Monica Lozano was the president and CEO of College Futures Foundation before joining the Apple board as a director on January 5, 2021. Before joining the board, she boasted a wide range of leadership experience in the private and public sectors.
Lozano co-founded the Aspen Institute Latinos and Society Program, and she is a former chairperson of the Weingart Foundation- a private philanthropic organization. She also chaired the University of California Board of Regents.
Therefore, her contribution to Apple Company will undoubtedly guide the Company in the right direction.
The Bottom Line
The Apple board of directors boasts great minds that combine to push the Company forward and help it achieve its goals. It is not a coincidence that the Company keeps on scaling new heights now and again. It’s because of the dedicated men and women who sit on the board. All these brilliant board members put their minds together and decide what’s good for the Company’s growth.