Apple Adds Former Northrop Grumman CEO Ronald Sugar to Board of Directors
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 Apples 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."
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.
Popular Stories
Apple is developing an all-new operating system that is essentially a mix of tvOS, watchOS, and iOS, according to Bloomberg's Mark Gurman.
In a report this week, he said the operating system will feature a grid of icons, widgets, and apps, along with customizable clock faces.
The new software platform is intended for Apple's long-rumored smart home hub. With built-in facial recognition,...
Apple this year acquired Israeli startup Q.ai for close to $2 billion, according to the Financial Times. That would make this Apple's second-biggest acquisition ever, after it paid $3 billion for the popular headphone maker Beats in 2014.
This is also the largest known Apple acquisition since the company purchased Intel's smartphone modem business and patents for $1 billion in 2019.
Q.ai...
We're less than two months out from the launch of Apple's premium next-generation smartphone lineup, and while we're not expecting a dramatic change in terms of functionality, there are still several enhancements rumored to be coming to the iPhone 18 Pro and iPhone 18 Pro Max.
One thing worth noting is that Apple is reportedly planning a major change to its iPhone release cycle this year,...
