Tim Cook Could Be Fired as Apple’s CEO

A US nonprofit has moved to remove Tim Cook and another executive from the Apple Board of Directors. The final decision will be made at the shareholders’ meeting on March 10.

There has been a development that will be talked about a lot about the US-based technology giant Apple. The National Center for Law and Policy (NLPC), which operates as a non-profit organization in the US, has filed an application with the US Securities and Exchange Commission (SEC). NLPC regarding Apple within the scope of this application for board resolutions He applied for exemption for two issues. NLPC is covered by this application. pretending to be an Apple shareholderwill strive to make two critical decisions.

Decisions that the NLPC wants to make, Apple CEO Tim Cook and it’s about former US Vice President Al Gore, who sits on the Apple Board of Directors. The institution wants these two names removed from the Apple Board of Directors. Yes, you heard right; NLPC announces Tim Cook as CEO to not continue will try to persuade the shareholders.

Why would the NLPC want such a thing? What’s up with Tim Cook?

NLPC wants Cook not to be CEO again. It is not clear why there is such a demand. But roughly NLPC is Apple’s from his work in China. let’s say it’s uncomfortable. As it is known, the trade wars between the USA and China caused US companies to shift their production in China to other countries. NLPC detailed the company’s work in China so that Apple does not have problems in the future and shareholders are not affected by this. wants to examine.

RELATED NEWS

Tim Cook Explains Why Apple Doesn’t Take Mass Layoffs While There Is ‘Labor Holocaust’ In The Tech World

What about Al Gore?

Al Gore

According to NLPC, although Al Gore is not a contributor to Apple, 20 years plays an active role in decision making. Commenting on the subject, NLPC official Paul Chesser said, “Al Gore was never qualified to serve on Apple’s board. That’s why he served more than 20 years nonsense.‘ he said.

RELATED NEWS

The Sale of ‘Some’ Apple Watch Models May Be Banned in the US

Apple’s shareholders meeting will be held on March 10. If the NLPC can achieve its purpose, We will never see Tim Cook as Apple CEO again. The business person will leave the seat to someone else when his term of office expires. Al Gore is resigning from his Board of Directors. will be handed over

Source :
https://www.foxbusiness.com/politics/apple-shareholder-boot-al-gore-board-directors


source site-37