Apple Can Keep Its Succession Plan to Itself
Last week’s scare, an unverified rumor that Steve Jobs had suffered a heart attack, sent Apple stock plummeting, expert investment analysts scolding, and some writers believing that Apple needs a public succession plan to avoid confusion and concerns about these kinds of incidents. That’s nonsense. First of all, Apple does have a succession plan. It’s required for a company of Apple’s size, and Apple would be negligent in its responsibilities not to have one. The Apple board of directors has it.
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Apple Can Keep Its Succession Plan to Itself
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