Apple adds former Boeing CFO James Bell to its board of directors

Via Wikipedia.

Apple on Thursday announced a new addition to its board of directors: former chief financial officer and interim CEO of The Boeing Company.

Bell spent 38 years at Boeing, where he also oversaw Boeing Capital Corporation and Boeing Shared Services. He served as the airplane manufacturer's interim CEO in 2005.

"James brings a wealth of global, financial and industrial experience from his successful career at Boeing as corporate president and CFO," said Apple Chief Executive Tim Cook. "I am thrilled to welcome him to Apple's board of directors and I look forward to working with him."

Bell is also a member of the boards of JP Morgan Chase, Dow Chemical Company, and CDW. He's a Trustee of Chicago's Rush University Medical Center, and has worked with New Leaders for New Schools to help develop talented teachers and principals.

"I am an avid user of Apple products and have a tremendous respect for the company's ability to innovate," Bell said. "I am delighted to join the Apple board and look forward to contributing to its continued success in any way I can."

The former Boeing executive attended California State University, Los Angeles, where he earned a bachelor's degree in accounting.

"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, chairman of the Apple Board of directors. "I'm confident that he will make many important contributions to Apple."

Former Apple board member Mickey Drexler left the company in March, six months after Bill Campbell ended his 17-year tenure on the board.

As Apple continues to find tremendous financial success, investors in the company have placed overwhelming confidence in its board of directors, reelecting them with 95 percent support at this year's annual shareholder meeting.