
Al Gore is officially too old to serve on Apple’s board
CNN
Al Gore is stepping down from Apple’s Board of Directors – but only because he’s too old to be renominatedreelected.
Al Gore is stepping down from Apple’s Board of Directors – but only because he’s too old to be renominated. Apple has a longstanding policy that its directors cannot stand for reelection after reaching the age of 75. That means it’s time for Gore, who is now 75, to retire, the company announced Thursday. Gore has served on the Apple board since 2003, the company said. He’s also served as the 45th vice president of the United States and as a climate activist. The Nobel laureate received $376,894 as compensation for serving on Apple’s Board of Directors in 2023, according to an SEC filing. That total included $275,022 in stock awards. James Bell, former chief financial officer of The Boeing Company, will also step down from the board due to his age. In their place, the iPhone maker announced that it nominated Wanda Austin, the former president and CEO of The Aerospace Corporation, for election to Apple’s board. Dr. Austin, an advocate for STEM education, also serves on the board of Chevron and Amgen Inc.

A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans, given that they are often more expensive and less transparent than publicly traded securities?

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.