On Thursday, Shares of Apple Inc. (NASDAQ:AAPL), lost -0.65% to $109.58.
Apple declared that James A. Bell, former chief financial officer and corporate president of The Boeing Company, has been elected to Apple’s board of directors. Bell brings more than four decades of experience in finance, planned planning and leadership in complex organizations. During his 38-year career at Boeing, he also oversaw Boeing Capital Corporation and Boeing Shared Services, and was interim CEO of The Boeing Company in 2005.
“James brings a wealth of global, financial and industrial experience from his successful career at Boeing as corporate president and CFO,” said Tim Cook, Apple’s CEO. “I am thrilled to welcome him to Apple’s board of directors and I look forward to working with him.”
“We look for outstanding individuals to strengthen our board’s breadth of talent and depth of knowledge, and we are very happy to have identified a fantastic person in James Bell,” said Art Levinson, Apple’s chairman. “I’m confident that he will make many important contributions to Apple.”
“I am an avid user of Apple products and have a tremendous respect for the company’s ability to innovate,” said Bell. “I am delighted to join the Apple board and look forward to contributing to its continued success in any way I can.”
Bell is a member of the board of directors of JP Morgan Chase, Dow Chemical Company, CDW, and a Trustee of Chicago’s Rush University Medical Center. He has also worked with New Leaders for New Schools to assist develop talented teachers and principals, and served on many community-based boards. Bell attended California State University, Los Angeles where he earned a bachelor’s degree in Accounting.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.
Shares of eBay Inc (NASDAQ:EBAY), inclined 1.92% to $24.91, during its last trading session.
eBay recently declared the appointment of Paul Pressler to its board of directors. As a director on eBay’s Board, Mr. Pressler will serve on the Audit Committee in addition to the Corporate Governance and Nominating Committee.
“I am very happy to welcome Paul to eBay’s Board of Directors,” said Devin Wenig, President and CEO of eBay. “As an independent director, Paul brings valuable experience managing major retail and consumer brands in addition to noteworthy leadership and financial expertise to eBay’s Board.”
“It is a particularly exciting time to be joining eBay as the company embarks on its next chapter,” said Mr. Pressler. “eBay is an e-commerce pioneer and a leading global commerce player, and I look forward to working with eBay’s leadership team and my fellow directors as the company sets its sights on the future.”
Mr. Pressler is a partner at the private equity firm Clayton, Dubilier & Rice, LLC. He presently serves as Chairman of David’s Bridal, Inc. and SiteOne Landscape Supply, Inc. and serves on the board of The DryBar, Inc. Formerly, Mr. Pressler served as the President and CEO of Gap Inc. He spent 15 years in senior leadership roles at The Walt Disney Company, counting Chairman of the global theme park and resorts division, President of Disneyland and President of The Disney Stores. Mr. Pressler served as Chairman of AssuraMed and is a former director of Avon Products Inc., Oveture Acquisition Corporate and OpenTable, Inc. He earned a B.S. in Business Economics from the State University of New York at Oneonta.
eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs), to develop software and solutions for commerce.
Shares of Office Depot Inc (NASDAQ:ODP), declined -1.87% to $6.30, during its last trading session.
Office Depot, a leading global provider of office products, services and solutions and parent company of Office Depot and OfficeMax, recently declared that it was recently named to the Dow Jones Sustainability Index, North America for the tenth year in a row.
The Dow Jones Sustainability Indices, offered cooperatively by RobecoSAM and S&P Dow Jones Indices, serve as global benchmarks for investors who integrate sustainability considerations into their portfolios. The index selects the most sustainable large companies by region and across the world.
“Our inclusion in the Dow Jones Sustainability Index for a decade in North America is a testament of our long-term commitment to corporate sustainability,” said Yalmaz Siddiqui, senior director of sustainability for Office Depot. “We do this by advancing social accountability guidelines for workers in factories around the world, launching award-winning community programs through the Office Depot Foundation, and growing our diverse and green product sales.”
Office Depot, Inc. is a supplier of office products and services. The Company sells products and services to consumers through three segments: North American Retail Division, North American Business Solutions Division and International Division.
Finally, American Airlines Group Inc (NASDAQ:AAL), ended its last trade with 0.95% gain, and closed at $39.20.
American Airlines Group and the Communications Workers of America and International Brotherhood of Teamsters (CWA-IBT) have reached a tentative agreement on a new joint collective bargaining agreement. The CWA-IBT represents American Airlines gate and ticket agents, Premium Service representatives, Reservations representatives and Travel CeWebsite - http://www.aa.comnter representatives.
“Today’s tentative agreement provides noteworthy pay raises to our team members, while preserving jobs and facilitating growth,” said Kerry Philipovitch, senior vice president – Customer Experience. “Our agents and representatives have played a critical role in our integration and we thank them for the superior service they provide to our customers every day. We would also like to thank the CWA-IBT for their professionalism and for advocating for their members, and to both negotiating teams for their dedication and hard work toward reaching a contract.”
The CWA-IBT will share details of the tentative agreement directly to their membership.
American Airlines Group Inc. (AAG) is a holding company and its wholly-owned auxiliaries comprise American Airlines, Inc. (American), US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Group’s principal partner comprise US Airways, Inc. (US Airways) and its other wholly-owned auxiliaries comprise Piedmont Airlines, Inc. (Piedmont), and PSA Airlines, Inc. (PSA). AAG’s primary business activity comprises the operation of two network carriers through its principal, wholly-owned mainline operating auxiliaries: American and US Airways.
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