Larry Ellison Resigns as Apple Director
CUPERTINO, California—September 20, 2002—Apple® today announced that Lawrence J. Ellison, chairman and chief executive officer of Oracle Corporation, is resigning from Apple’s Board of Directors.
“I will continue to offer my advice to Steve and the executive management team at Apple, but my schedule does not currently allow me to attend enough of the formal board meetings to warrant a role as a director,” said Ellison.
“Larry has served Apple shareholders well as a director during the past five years,” said Steve Jobs, Apple’s CEO. “We’re looking forward to benefiting from his counsel on an informal basis going forward.”
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings.
Apple, the Apple logo, Mac, Mac OS and Macintosh are either registered trademarks or trademarks of Apple. Other company and product names may be trademarks of their respective owners.