Fred D. Anderson joins Apple Board

Apple today announced that Fred D. Anderson, Apple’s former executive vice president and CFO, has been elected to the Company’s Board of Directors. Anderson retired on June 1 and was succeeded by Peter Oppenheimer as chief financial officer.

“Fred is widely regarded as one of the industry’s leading financial experts and we want his guidance and judgment to continue benefiting Apple’s shareholders,” said Steve Jobs, Apple’s CEO in the press release. “Though it is currently out of vogue to add insiders to boards, Fred is the exception to the rule.”

Anderson served for more than eight years as Apple’s executive vice president and chief financial officer until his retirement. He currently serves on the board of directors of eBay and E.piphany.


  1. Fred “The Big D” Anderson is The Man!
    He makes my AAPL portfolio very happy ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  2. Sitting on a board does not mean active participation in day to day operations of a company. It’s mostly an honorary position and pays the participant money for quarterly meetings where board members sit down and discuss the weather….. er, the companies operations.

  3. pkradd
    They don�t have time to talk about the weather. Nowadays they really have to work.
    Anderson has trained Oppenheimer and they know each other really well.

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