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Former Northrop Grumman exec joins Apple board of directors

updated 10:10 am EST, Wed November 17, 2010

Ronald Sugar to chair audit and finance committee

Apple has announced the appointment of Ronald D. Sugar to the company's board of directors. Sugar was most recently the CEO and chairman of the board at military/aerospace contractor Northrop Grumman; he is still a director at several other businesses, including Amgen, Chevron and Air Lease Corporation. As a member of Apple's board, Sugar will be responsible for chairing 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 Apple's Board," reads a prepared statement from Apple CEO Steve Jobs. "In addition to having been the CEO of a high-tech Fortune 100 company, Ron has a PhD in engineering and has been involved in the development of some very sophisticated technology."

Sugar is additionally said to be a senior advisor to a private investment firm, Ares Management. He belongs to the National Academy of Engineering, and is also a fellow of the American Institute of Aeronautics and Astronautics, along with the Royal Aeronautical Society. Other connections include involvement in California universities, and various philanthropic groups.






by MacNN Staff

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Comments

  1. pairof9s

    Joined: Dec 1969

    +1

    So...

    Apple's gets a Sugar Daddy!

    (sorry...just too easy!)

    /

  1. freddymac

    Joined: Dec 1969

    0

    well.....

    I wonder if Apple is going to pick his brain on stealth technology? This could get interesting.....

  1. testudo

    Joined: Dec 1969

    -6

    Nope...

    I'm sure they pegged him for his experience with delivering products over schedule, over budget, and with enough issues to keep the repair parts supply and workforce in business for years to come.

    Ooooh, maybe this is a sign that the US Military will be seeing Apple come out with a PowerBook G5, at the low, low price of $20,000 a unit.

  1. freddymac

    Joined: Dec 1969

    +3

    testuto

    Sounds like you've worked with N/G also!!!!!!!!

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