“The departure of Steve Jobs as Apple’s CEO is likely to trigger some major changes for the company’s board,” Dena Aubin and Nick Carey report for Reuters.
“Rather than acting as mere advisers to one of the world’s great visionary leaders, the board may have to take more control, be less deferential to the new CEO Tim Cook than it was to Jobs, and meet more often,” Aubin and Carey report. “‘Over time that board is going to have to step up to greater responsibility and a more traditional role,’ said Jim Post, a professor of management at Boston University School of Management.”
Aubin and Carey report, “Initially at least, the board will be chaired by Jobs himself, though there are questions over whether he will be in that position long, or play a major role, given the state of his health.”
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