Apple Adds Former Northrop Grumman CEO Ronald Sugar to Board of Directors

MacRumors

macrumors bot

Original poster

Apr 12, 2001

68,681

39,586

• Nov 17, 2010

• #1

Apple today announced that it has added Ronald Sugar, former Chairman and CEO of Northrop Grumman, to its Board of Directors, where he will also serve as Chair of the Audit and Finance Committee.

"Ron is an engineer at heart, who then became a very successful business leader. We are very excited to welcome him to Apple’s Board," said Steve Jobs, Apple's CEO. "In addition to having been the CEO of a high-tech Fortune 100 company, Ron has a Ph.D. in engineering and has been involved in the development of some very sophisticated technology."

"I have always had enormous admiration for the people of Apple," said Sugar. "It is a special privilege to serve on the board of such an amazing company."

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Sugar also currently serves as a director at Chevron, Amgen, and Air Lease Corporation.

Apple had been operating with only six directors since March 2010 after Google CEO Eric Schmidt resigned from Apple's board in August 2009 and Jerry York passed away earlier this year.

Article Link: Apple Adds Former Northrop Grumman CEO Ronald Sugar to Board of Directors

 

Article Link

https://www.macrumors.com/2010/11/17/apple-adds-former-northrup-grumman-ceo-ronald-sugar-to-board-of-directors/

Last edited by a moderator: Nov 17, 2010

I

ipader

macrumors member

Jan 28, 2010

61

4

• Nov 17, 2010

• #2

I have already forgotten yesterday! I thought the day would never end.

Apple is struggling with their announcements this week. Still waiting for 4.2........

 

Last edited: Nov 17, 2010

I

iOrlando

macrumors 68000

Jul 20, 2008

1,811

1

• Nov 17, 2010

• #3

I liked how Apple only had six Board of Directors members. The fewer there are, the better.

pretty ho-hum announcement.

 

I

iGod 2.0

macrumors regular

May 4, 2009

123

0

• Nov 17, 2010

• #4

Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_1 like Mac OS X; en-us) AppleWebKit/532.9 (KHTML, like Gecko) Version/4.0.5 Mobile/8B117 Safari/6531.22.7)

I thought Apple didn't have committees

 

shartypants

macrumors 6502a

Jul 27, 2010

922

60

• Nov 17, 2010

• #5

I agree, do they really need this guy? Why do they feel they need to have so many on the board?

 

S

shmeaty

macrumors member

Sep 23, 2010

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Bakersfield

• Nov 17, 2010

• #6

Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_1 like Mac OS X; en-us) AppleWebKit/532.9 (KHTML, like Gecko) Version/4.0.5 Mobile/8B117 Safari/6531.22.7)

Northrop, not northrup.

 

boss1

macrumors 6502a

Jan 8, 2007

978

36

• Nov 17, 2010

• #7

This is a natural step for Apple given their business structure / culture

I'm surprised they didn't just go for a former CIA director of intelligence.

 

talkingfuture

macrumors 65816

Dec 4, 2008

1,216

0

The back of beyond.

• Nov 17, 2010

• #8

Sounds like he should be a good fit whilst bringing some outside experience.

 

SkippyThorson

macrumors 68000

Jul 22, 2007

1,726

1,056

Utica, NY

• Nov 17, 2010

• #9

iGod 2.0 said:

I thought Apple didn't have committees

Click to expand...

This is the Board of Directors... This isn't just another committee.

shmeaty said:

Northrop, not northrup.

Click to expand...

Good catch.

 

M

mms13

macrumors 6502

Jun 29, 2010

368

74

Baltimore, MD

• Nov 17, 2010

• #10

coming soon: apple UAV's and AA missiles

 

Last edited: Nov 17, 2010

Consultant

macrumors G5

Jun 27, 2007

13,314

36

• Nov 17, 2010

• #11

Cool Apple is going to make the iSnipe to deal with trolls!

 

The Samurai

macrumors 68020

Dec 29, 2007

2,060

766

Glasgow

• Nov 17, 2010

• #12

I hope this new guy doesn't get a hard on for Beatles.

 

franswa za

macrumors 6502a

Mar 24, 2010

582

26

south africa

• Nov 17, 2010

• #13

mms13 said:

coming soon: apple UAV's and AA missles

Click to expand...

LOL

and some spacy defensive apps/games?

anyway it's a good thing that apple is rid of the creepy sllcko schmidt

 

A

ale500

macrumors regular

Jul 9, 2007

229

7

• Nov 17, 2010

• #14

coming soon: apple UAV's and AA missles

Click to expand...

At least those will not ask you "Where do you want to launch it today ?"

 

Consultant

macrumors G5

Jun 27, 2007

13,314

36

• Nov 17, 2010

• #15

ipader said:

I have already forgotten yesterday! I thought the day would never end.

Apple is struggling with their announcements this week. Still waiting for 4.2........

Click to expand...

Just because you don't understand the implications of Beatles digital distribution doesn't mean it's not important.

 

maclancer

macrumors regular

Jun 13, 2008

157

49

Philadelphia, PA

• Nov 17, 2010

• #16

Wirelessly posted (Mozilla/5.0 (iPod; U; CPU iPhone OS 4_2 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8C134 Safari/6533.18.5)

His qualifications are impressive. Very good pick for Apple.

 

BornAgainMac

macrumors 604

Feb 4, 2004

7,407

5,477

Florida Resident

• Nov 17, 2010

• #17

Based on his past as a director, he is just in it for the money. Not that there is anything wrong with that. Just saying.

 

K

kingumikti

macrumors newbie

Apr 20, 2010

17

0

• Nov 17, 2010

• #18

It's amazing!

Jobs said he could come on the board if he used the word "amazing" in his press release.

 

skeep5

macrumors 6502a

Mar 16, 2006

560

0

AZ

• Nov 17, 2010

• #19

gimme some sugar!

 

D

davidwarren

macrumors 6502a

Aug 28, 2007

782

2

• Nov 17, 2010

• #20

talkingfuture said:

Sounds like he should be a good fit whilst bringing some outside experience.

Click to expand...

I agree, perhaps some people are not familiar with how much of an asset quality board members can be.

 

Peel

macrumors 6502a

Aug 30, 2004

579

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Seattle

• Nov 17, 2010

• #21

Make way for the iPlane!

 

alphaod

macrumors Core

Feb 9, 2008

22,194

1,260

NYC

• Nov 17, 2010

• #22

As long as it helps head Apple in the right direction, it sounds good.

 

*LTD*

macrumors G4

Feb 5, 2009

10,703

1

Canada

• Nov 17, 2010

• #23

Apple iF-16.

Ordinance delivery. In style.

 

newyorkguy

macrumors regular

Jan 22, 2008

130

64

very close

• Nov 17, 2010

• #24

franswa za said:

LOL

and some spacy defensive apps/games?

anyway it's a good thing that apple is rid of the creepy sllcko schmidt

Click to expand...

I think there will be iMissile Shuffle. With random targets.

 

Porco

macrumors 68040

Mar 28, 2005

3,399

7,468

• Nov 17, 2010

• #25

MacRumors said:

Apple today announced that it has added Ronald Sugar, former Chairman and CEO of Northrup Grumman, to its Board of Directors,

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Sweet!

If anyone is voting negative on this, it is just sour grapes.