Thursday, February 24, 2011

Investors Vote Down Proposal to Force Apple to Reveal Succession Plan

Apple investors have voted down a proposal that would force the company to reveal its succession plan, according to the NYPost.

Apple investors voted down a proposal Wednesday that would force the tech giant to reveal its succession plan.

As a result, the company is under no obligation to disclose its plans about how the company would be run if CEO Steve Jobs had to step down.

Investors have expressed concern regarding the future of Apple leadership after, Jobs, who will turn 56 Thursday, announced a medical leave from the company last month.

*thanks iclarified*

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