updated 03:39 pm EDT, Mon July 7, 2014
Age, gender diversity, new businesses may be issues
Apple CEO Tim Cook is "actively" hunting for new directors to add to the company's board, sources tell the Wall Street Journal. Why is unmentioned, but it may be related to the age and gender diversity of the group. Just one board member is female -- Andrea Jung -- and six out of seven are over the age of 63. Another possibility is that Cook wants directors with experience in Apple's newest fields of interest, such as fashion, fitness, and mobile payments, of which the first two will be combined in this fall's iWatch.
The board has evolved relatively little since Cook took over from his predecessor, Steve Jobs. These include the addition of Disney CEO Robert Iger and the promotion of Arthur Levinson to a non-executive chairman role. Indeed four people on the board have been there for over a decade, in some cases going as far back as the late 1990s.