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Apple names Ronald D. Sugar to board
CUPERTINO, CALIF. (AP) - Apple Inc. named Ronald D. Sugar, former chairman and CEO of Northrop Grumman Corp., to its board Wednesday.
Sugar, who has a Ph.D in engineering, will serve as the chair of the audit and finance committee, Apple said.
Sugar served as chairman and CEO of Northrop Grumman from 2003 until he retired this year.
Apple has seven board members, including former Vice President Al Gore and Andrea Jung, the CEO of Avon Products. Board member Jerome York died earlier this year.
Shares of Apple rose $1.49 to $303.08 in midday trading.
(This version corrects that Apple now has 7 board members.)
By Mangosuthu Buthelezi
Memories of a long brotherhood tempered in common struggle
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Independent voices from the The Washington Times Communities
Covering the world of soccer, including the World Cup, Major League Soccer, D.C. United and the English Premier League and other interesting sporting events.
Born in 1930 in rural Missouri, Charles Vandegriffe, Sr., brings his time and place to the Communities.
Columns from Voices around the World talking about the events, people, politics and social issues that concern us wherever, and whoever, we are.
Extraordinary day at Redskins Park
White House pets gone wild!
Let it snow