Google CEO Joins Apple's Board of Directors
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Apple Computer's recent announcement that Google CEO Eric Schmidt would be joining its board of directors has thrown new light on a longstanding partnership, but also demonstrates the pair's eagerness to battle Microsoft for technology dominance.
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SAN FRANCISCO (CBS.MW) - Nike Inc. Chief Executive Officer and President William Perez has been named to the company&#39;s board of directors, replacing Thomas Clarke, effective immediately.
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Apple Computer Inc. AAPL.O said on  Friday it has set a 2-for-1 split of its common stock and a  proportional increase in the number of its shares authorized  from 900 million to 1.8 billion.
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The Motley Fool - What a strange week it's been for Google (Nasdaq: GOOG - News). Earlier this week, the company announced an international advertising alliance with eBay (Nasdaq: EBAY - News). Now we learn that Apple Computer (Nasdaq: AAPL - News) has warmed up a seat on its board of directors for Google CEO Eric Schmidt.
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Apple today announced that Andrea Jung, the chairman and chief executive officer of Avon Products, has been elected to Appleâs board of directors. âAndrea is a strong CEO and marketer and we look forward to benefiting from her insights and experience as a member of Appleâs board,â said Steve Jobs, Appleâs CEO.
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Google CEO Schmidt Joins Apple Board of Directors No, it&#8217;s not a Google-Apple partnership (Gapple?), but Google CEO Dr. Eric Schmidt has joined the Apple board of directors with a company he says is &#8220;one of the companies in the world that I most admire.&#8221; Schmidt has been Google&#8217;s CEO since July 2001 and became chairman [...]
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(InfoWorld) - New allegations have surfaced that Apple Inc. CEO Steve Jobs was involved in backdating stock-option grants improperly while chairman of the animated movie studio Pixar Inc. The Wall Street Journal reported Friday that Jobs approved a March 2001 employment contract with "Toy Story" director John Lasseter that granted Lasseter Pixar stock options priced in December 2000, three months before the contract was signed and when the stock price was at its lowest level of the year. Although the Journal reports it is not clear whether Jobs picked the December stock options pricing date, his signature, on behalf of Pixar, is on Lasseter's contract. Stock-options backdating is not illegal, per se, but there are U.S. Securities and Exchange Commission (SEC) regulations on how they must be accounted for and disclosed to shareholders. Pixar Inc. has since been acquired by The Walt Disney Co., Jobs now sits on Disney's board and is its largest individual shareholder. Disney said it is conducting its own investigation of Pixar stock-options practices. The U.S. Attorney's Office in San Francisco and the SEC have been investigating stock-options backdating actions at Apple and other companies. Calls to the U.S. Attorney's Office, Apple and Disney were not immediately returned.
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Berkshire Hathaway Inc. BRKa.N, the  conglomerate run by billionaire investor Warren Buffett, on  Tuesday said it elected Bill Gates, chairman of Microsoft Corp.  MSFT.O, to be a director.
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(InfoWorld) - Google is losing its CFO, George Reyes, who has decided to retire, the company said Tuesday. There doesn't appear to be any controversy associated with Reyes' departure, which is expected to happen by the end of the year. In fact, Reyes will assist Google in the search for his replacement, Google said. In a press release, Google CEO Eric Schmidt expressed admiration for Reyes and said the company will miss "his thoughtfulness, good humor, and wisdom." As Google's CFO for the past five and a half years, Reyes oversaw critical financial events at the company, including its unorthodox and closely watched initial public offering as well as the challenges and complexities of a global, fast-growing Internet company. In the statement, Reyes called his Google tenure "an extraordinary ride," and Google co-founder Larry Page praised him for helping Google balance financial discipline and entrepreneurial culture. Reyes came to Google in 2002 from ONI Systems, where he served as interim CFO. Earlier, he spent 13 years at Sun, where held various high-ranking finance jobs.
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Apple Inc. CEO Steve Jobs has been subpoenaed by the U.S. Securities and Exchange Commission as part of the agency's stock-backdating probe against Apple's former general counsel, Bloomberg reported today.
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Tim O'Reilly, open source advocate and founder of O'Reilly Media, has disputed a report by Reuters stating that Google plans to bring its Desktop Search utility to Apple's Mac OS X. O'Reilly -- who asked Google CEO Eric Schmidt whether not to expect a Mac version during a conference at UCLA -- said in a posting to Ars Technica that Schmidt only explained it was a hard problem due to operating system differences. "He made no announcement of actual plans to deliver the product, or even that Google was actively working on it," said O'Reilly.
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Berkshire Hathaway Inc., the investment company run by billionaire Warren Buffett, named another billionaire, Microsoft Corp. founder Bill Gates, as a director.
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Apple Computer Inc.'s  board cleared Chief Executive Steve Jobs this week of any misconduct over stock options accounting problems and Wall Street cheered him for taking broad responsibility.
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The wild one. Computer Associates International (nyse: CA - news - people ) has named John Swainson as its new chief executive, reports say.
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Apple Computer has tapped the head of Google for its board, hoping to benefit from his long industry experience.
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The wife of Microsoft head Bill Gates has been elected to the board of directors of the media conglomerate.
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Apple Computer Inc.  said on Friday it has set a 2-for-1 split of its common stock and a proportional increase in the number of its shares authorized from 900 million to 1.8 billion.