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Saturday, 18 December 2010 21:02

Apple’s Tiny but Powerful Board Appoints Financial Heavyweight Featured

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Apple appointed Dr. Ronald D. Sugar, 61,  former Chair and CEO of Northrop Grumman. He also held executive positions at Litton Industries and was CFO, TRW.  He is a director of Chevron, Amgen and Air Lease Corporation, and is a senior advisor to Ares Management. He holds a PhD in engineering from USC. A strong financial executive was needed to boost up the board with the death of Jerry York, 71, earlier this year.

He was the former CFO of IBM and Chrysler, and was CEO of Micro Warehouse. He was a chief aide to Kirk Kerkorian and was on the board of General Motors.  

Dr. Eric Schmidt, 54, Chairman & CEO, Google resigned in August 2009 as Google was getting more into Apple’s core business. That position was never replaced.

The rest of the board includes lead directors, Andrea Jung, 51, CEO of Avon, and Art Levenson, 60,  CEO of Genetech. Other star board members include: Al Gore, 61, former Vice President of the United States; Bill Campbell, 67, Chair of Intuit; and Dexter Miller, 65, Chair and CEO, J. Crew and former Chair and CEO, The Gap. And of course the famed Apple CEO, Steve Jobs, 55.

Read 4731 times Last modified on Monday, 10 August 2020 16:43
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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