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Google boss resigns from Apple board

Monday, 03 August 2009, 18:37 Hrs   |    22 Comments
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Google boss resigns from Apple board
San Francisco: Google Chief Executive Officer Eric Schmidt has resigned from the board of Apple because of potential conflicts of interest, Apple said in a statement Monday.

The move comes as the two companies increasingly find themselves competing in the same arena. Google's Android operating system power phones that are a major rival to Apple's iPhone, while its Chrome browser and its plans for a Google operating system also compete with Apple's products. Schmidt has been with Google since 2001 and on Apple's board since August 2006.

"Unfortunately, as Google enters more of Apple's core businesses, with Android and now Chrome OS, Eric's effectiveness as an Apple board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest," said Apple CEO Steve Jobs.

"Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple's board," he added.

"I have very much enjoyed my time on the Apple board; it's a fantastic company," said Schmidt in a statement. "But as Apple explained today (Monday) we've agreed it makes sense for me to step down now."
Source: IANS
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Reader's comments(22)
1: this is the blunder mistake made by APPLE.
Posted by:Nishant SIngh - 09 Aug, 2009
2: The board of directors of apple have fear that the google shares will increase in the apple. Its not the right decision take by apple.
Posted by:CA Prashant l.Govilkar - 05 Aug, 2009
3: Biggest Selfish.
Posted by:GOD - 05 Aug, 2009
4: Is it just to make sure that, Bing(MS) keeps off from competing with google. A mind game by Eric Schmidt
Posted by:Mahi - 04 Aug, 2009
5: This was a good and knowledgeble move by the member. Its tough at times when a Board Member is part of two Equally poised firms.
If creates a delima that he might be leaking the secret.
Posted by:Sham - 04 Aug, 2009
6: At First we has to decide from which part of the company he should be called. Is he belongs to apple or google.
Posted by:tnb - 04 Aug, 2009
7: its good that schmidt step down frm the board...else it will have a conflict
Posted by:sumesh - 04 Aug, 2009
8: They r free to recruit me in the board.I dont have any objections.
Posted by:shailesh - 04 Aug, 2009
9: Is it allowed for anyone to be in the top management of two companies that too companies in competition?
Posted by:kiran kumar - 04 Aug, 2009
10: well........i've smvt different opinion regarding this matter...
I think it's Steve Jobs behind all these things...
He shdnt've allowed Eric Schmidt b'fr........but he did........so thr shd b sm reason.
Posted by:anand - 04 Aug, 2009
11: yeah , its always better to be in gud books of anyone and everyone in the world , May be mr.Eric was trying to do it , BUt he shud av done it long B4.

anyway better now than never.

Gd luck for both the companies to invent new things on a competition and let the people enjoy all the benefits of the invenntions..

bye ..
Posted by:udhay - 04 Aug, 2009
12: too much politics involved in this matter
Posted by:var - 03 Aug, 2009
13: Is it allowed for anyone to be in the top management of two companies that too companies in competition?

I think it is not even secure for company to have such thing.
Posted by:Neha - 03 Aug, 2009
14:
i love you neha..
ha ha ha ...
is it out of discussion?
Sanjay Replied to: Neha - 04 Aug, 2009
15: A person should not be a part of two companies in the same industry. Ideal combination is one support industry one core industry.
Posted by:Rohit - 03 Aug, 2009
16: it is like something when we play chess from both sides... slightly somewhere inside we favour the one side.. tapoo thakur
Posted by:tapoo thakur - 03 Aug, 2009
17: A man should not work for two big company in the same industry. It may cause of conflict
Posted by:Mayank Pandey - 03 Aug, 2009
18: A man working for two biggest companies, of course he will have conflict of interest.
Posted by:Siddharth - 03 Aug, 2009
19:
i agree with you. One person one job should be criteria for all company's board members
gn murthy Replied to: Siddharth - 13 Aug, 2009
20:
Let the new Generation take up da lead
Kruti Replied to: Siddharth - 04 Aug, 2009
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