Let's not cut off our nose to spite our interface - Arron Rouse
|
|
|
Apple shareholders war over Steve Jobs succession plans
IT'S NOT JUST Apple fanbois who are worrying about the future of the company when Steve Jobs leaves. A sizable number of shareholders are also demanding information on the cappuccino company's succession plans.
Almost a third of Apple shareholders want to know what's going to happen once Jobs departs the company, Reuters reported. The results of a shareholder vote this week were revealed, which proposed that Apple disclose a succession plan. The proposal failed, but the vote was closer than some might have thought.
This suggests that many shareholders don't have faith in Apple's claims that it already has succession plans in place. They know that Steve Jobs is an irreplaceable leader for Apple. Rumours about his mystery illness are not helping, and it seems many shareholders would prefer to see some transparency.
Apple doesn't want to reveal information about its executive succession plans, believing that might hurt it competitively, and the fruit-themed company is always notoriously secretive about its strategic plans.
Compare this to Google, which has already announced that Larry Page will take over to head the company from April. With Android it has had a very strong start to 2011, and its openness about who's going to lead the company going forward means that the rest of the year is already mapped out.
We'll see whether Tim Cook, who is leading Apple in Jobs' absence, can make do well at taking up the turtleneck and blue jeans role at the expected launch of the Ipad 2 on 2 March. µ
Share this:
Share
Can't they make some weird watson-style AI to emulate steve jobs?
Of course a third of AAPL shareholders want something different to the other two-thirds. Very few large groups share exactly the same view. That's why such matters are resolved by majority vote.
And Google's announcement of Larry Page taking over from Erik Schmidt is NOT a succession plan, it's a change in management. A succession plan would identify who would take over Google if Larry Page departed unexpectedly.