BlackRock's Susan Wagner Joins Apple's Board of Directors, Replacing Bill Campbell

suewagnerApple today issued a press release announcing that Susan Wagner, founding partner and director of BlackRock has joined its board of directors. BlackRock, which owns 2.82 percent of Apple, is a well-known investment management corporation, co-founded by Wagner in 1988.

Wagner will replace Bill Campbell, who has served on Apple's Board of Directors for 17 years.

"Sue is a pioneer in the financial industry and we are excited to welcome her to Apple's board of directors," said Tim Cook, Apple's CEO. "We believe her strong experience, especially in M&A and building a global business across both developed and emerging markets, will be extremely valuable as Apple continues to grow around the world."

Wagner has been recognized as one of Fortune Magazine's 50 Most Powerful Women in Business and has also been honored by the National Council for Research on Women. She supports the Women's Initiative Network at BlackRock, which is designed to "foster the full potential of women" within the company.

Earlier this month, a report from The Wall Street Journal suggested Apple CEO Tim Cook was looking to add new members to Apple's Board of Directors, as several members of the existing board are older than 63 and have served for more than a decade.

Apple has faced criticism over its lack of female leadership, which Cook has been aiming to remedy. Wagner's appointment to the board follows the high-profile hire of Angela Ahrendts, who joined Apple as head of retail earlier this year. Wagner is the second female on Apple's board, joining Andrea Jung, who has served since 2008.

Art Levinson, Apple's chairman, said in the company's press release that the board "conducted an exhaustive search" for someone who could strengthen the board's "breadth of talent and background." Wagner herself says she's always admired Apple and is "honored to be joining [the] board."

(Image courtesy of TIME)

Top Rated Comments

jonblatho Avatar
88 months ago
Is it me or has Apple been hiring women a lot lately in executive positions?

Wonder if Tim likes eye candy in the office :)

If Tim likes eye candy in the office, I'd think they'd be hiring more men. ;)
Score: 9 Votes (Like | Disagree)
IJ Reilly Avatar
88 months ago
Tim specifically called out M&A. Hmm....Apple's got something it's sleeve I think.

Now they just need to replace Al Gore with someone big in the tech industry. Like Elon Musk, perhaps?
I'm not a fan of Elon Musk being on Apple's board. Granted he brings his own rock star persona but then so would Steve Jobs, and I don't think anyone would much have wanted Steve on their board. These are people who are too used to running things their way. The Board of Directors is more about oversight.

BTW, contrary to the article Wagner will not actually "join" Ahrendts. The former will sit on the board, and the latter is an executive. These are very different roles.

----------

Smart, rich and hot. I like that combination in a woman. I'm sure she will an asset to Apple.

Go ahead, be the first to creep us out. Somebody had to do it.
Score: 8 Votes (Like | Disagree)
Rogifan Avatar
88 months ago
Tim specifically called out M&A. Hmm....Apple's got something it's sleeve I think.

Now they just need to replace Al Gore with someone big in the tech industry. Like Elon Musk, perhaps?
Score: 8 Votes (Like | Disagree)
HiRez Avatar
88 months ago
I'm sure she won't be looking out for the best interests of her billions of investments, but for the good of the company. Isn't that a conflict of interest? By the nature of being on the board, she will have inside information. But I'm sure none of that will reach any of her partners, right?
Score: 8 Votes (Like | Disagree)
2IS Avatar
88 months ago
It would be closer to high school than middle school, so it depends on how you define okay.

I'd rather act like I'm in HS than act like a prude.

"oh noooes, he said "hot" that's so creepy" Jesus... :rolleyes:
Score: 5 Votes (Like | Disagree)
IJ Reilly Avatar
88 months ago
Is it possible that a woman can be mentioned without people taking her looks into consideration and commenting about it? Hot or not, average, whatever, it matters none.
Apparently not, and it seems to be wrong to even to point out a lack of maturity at work.
Score: 4 Votes (Like | Disagree)

Top Stories

Top Stories 57 Feature

Top Stories: Apple Event Next Tuesday, Mini-LED iPad Pro, iPhone Rumors

Saturday April 17, 2021 6:00 am PDT by
It feels like we've been waiting forever for new Apple products, but the wait is almost over as Apple has announced a media event for next Tuesday, so make sure to tune into MacRumors for full coverage of everything Apple announces. While that was the big news this week, we also got some new details on Apple's iPhone plans for 2022 and 2023 courtesy of analyst Ming-Chi Kuo, and we also saw...
flat imac 3d 3 teal

Reliable Leaker Hints Redesigned Colorful iMac to Debut at 'Spring Loaded' Event

Saturday April 17, 2021 4:43 am PDT by
Reliable leaker known as l0vetodream has hinted that Apple may debut its rumored redesigned and colorful iMac at its "Spring Loaded" event on Tuesday, April 20. In a tweet, the leaker posted an image of Apple's logo used for marketing the upcoming event and an image of the retro rainbow Apple logo alongside the colorful lineup of G3 iMacs. Apple leaker Jon Prosser previously reported that...
duan rui iphone 12 13 notch

New Images Show Smaller iPhone 13 Notch Compared to iPhone 12

Saturday April 17, 2021 11:38 pm PDT by
Leaker known as "DuanRui" has shared more images that could give us our best look yet at Apple's redesigned notch for the iPhone 13. The new pictures follow similar images shared by the leaker last week, but the latest shots include a comparison with the existing iPhone 12 notch. DuanRui posted three images on Twitter that apparently originate from Weibo, although source details remain...
iPad Pro Feature Orange

Wedbush Analysts Say 'Spring Loaded' Event Will Debut New iPads With 'Modest Price Increase,' Along With 'a Few Surprises'

Monday April 19, 2021 6:37 am PDT by
Apple is planning to launch a new entry-level iPad, iPad mini, and iPad Pro at its "Spring Loaded" event tomorrow, along with "a few surprises," according to Wedbush analysts. In a new note to investors, seen by MacRumors, Wedbush analysts Daniel Ives and Strecker Backe explained that the iPad will be the main focus of Apple's "Spring Loaded" event, with new entry-level iPad, iPad mini, and ...
important battery message iphone 11

Some iPhone 11 Users Seeing Increased Battery Health Percentages After iOS 14.5 Recalibration Process

Friday April 16, 2021 6:32 am PDT by
In the sixth beta of iOS 14.5, Apple introduced a recalibration process for the battery health reporting system on the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max to address inaccurate battery health estimates for some users. Apple said this process might take a few weeks to be completed, and now that two weeks have passed since the sixth beta of iOS 14.5 was released, some users are...
third gen Apple pencil leaked video

Video of Alleged Third-Generation Apple Pencil Leaks Ahead of Apple Event

Friday April 16, 2021 6:13 am PDT by
A video purporting to be of the third-generation Apple Pencil has today been shared online, showing a glossy finish that mirrors previous leaks. New ✏️ ready to 🚢 #AppleEvent @TommyBo50387266 pic.twitter.com/s4RCDwDi5M— 漢尼斯·拉斯納 🇨🇳 (@ileakeer) April 16, 2021 The brief video from Twitter account @ileakeer, spotted by 9to5Mac, shows an Apple Pencil with a glossy finish much like the...
iPad Pro

New 12.9-Inch iPad Pro Will Be 0.5mm Thicker to Accommodate Mini-LED Display

Monday April 19, 2021 11:30 am PDT by
The upcoming 12.9-inch iPad Pro will be thicker than the previous-generation version, likely due to the inclusion of the mini-LED display. We've heard several rumors about the change in thickness, and now leaked design images have confirmed it. A source that designs accessories for Apple devices sent MacRumors a series of photos that feature exact dimensions for the new iPad Pro models, and...
parler app

Apple Approves Parler to Return to App Store

Monday April 19, 2021 7:51 am PDT by
Following the removal of the app in January, Apple will now allow the social media app Parler to return to the App Store following changes to how the social media network moderates content, CNN reports. On April 14, in a letter to Sen. Mike Lee and Rep. Ken Buck obtained by CNN, Apple said that the app has improved the way it moderates content, and says those changes are "sufficient" for it...
iphone 12 120hz thumbnail feature

LTPO Displays Supporting 120Hz Refresh Rates Again Rumored for iPhone 13 Pro Models

Friday April 16, 2021 10:01 am PDT by
The two higher-end "iPhone 13 Pro" models that are coming in 2021 are expected to use LTPO display technology to enable 120Hz refresh rates, according to display analyst Ross Young. Young reaffirmed the detail in a tweet that said he'd heard rumors about only one model featuring LTPO, which he says is inaccurate. Heard some rumors in the industry and media that there would only be one ...
maxresdefault

Hands-On With Anker's MagSafe-Compatible Battery Pack

Thursday April 15, 2021 9:39 am PDT by
Anker, a company known for its range of accessories designed for Apple products, recently came out with one of the first MagSafe-compatible battery packs, so we thought we'd check it out to see how it compares to a standard battery pack. Subscribe to the MacRumors YouTube channel for more videos. Design wise, Anker's power bank looks like a typical battery pack, but it has magnets built in...