Calls for Apple to reveal Steve Jobs succession plans defeated


Calls for Apple to reveal Steve Jobs succession plans defeated

Kathleen Hall

Proposals for Apple to reveal its plans to find a successor for Steve Jobs have been rejected at the company's annual shareholder meeting.

The suggestion was made by the Central Laborers' Pension Fund following Jobs' decision to take medical leave from last month.

Jennifer O'Dell, who made the proposal on behalf of the fund, told the BBC, "We want Steve Jobs to come back to work yesterday, We want him to be here every day. We want him to live forever.

"That is not realistic and that is why they need to have a plan. And if they have a plan, and I am sure they do, what is wrong with a little transparency?"

The fund holds nearly 11,500 Apple shares, worth around $4m (£2.4m).

O'Dell said 30 companies have arranged a succession plan for key individuals, including HP and Intel. "If the company doesn't want to reach out to us and have a real discussion about this issue we will refile it again next year," she said.

Tim Cook, the company's chief operating officer, is in charge while Jobs is on medical leave.

Manwhile Apple announced that it will launch the next generation iPad at an event in San Francisco on 2 March.

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