ISS: Who is CEO after Steve Jobs?

Saturday, February 5, 2011 Labels: 0 comments

A report has stated that the Institutional Shareholder Services has proposed that shareholders should require Apple to reveal Steve Jobs successor. Why? Well with Jobs’ recent leave of absence, they believe the shareholders have a right to know who will take over as CEO if worst case scenario happens. Here’s an excerpt:
“ISS believes that 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.”
Apple did not comment on the matter and I think we can all agree that the company did fine and improved last time this happened.

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