Word: boarded
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...There has been a troubling suspicion that Apple (NASDAQ: AAPL) has not been forthcoming enough about the health of its CEO, Steve Jobs. He was O.K., and then he was not. The board probably knew that all was not well. It decided to keep that to itself. But maybe the board grew restless and asked Jobs to take some time off. (See pictures of Jobs...
...investigation may be unpleasant and may get into minutes of board meetings and e-mails and phone calls among board members. Did they have a fiduciary duty to public shareholders to disclose the issues with Jobs' health? They certainly knew about them long before the outside world...
...examination of the board's activities may take some time and may set a precedent for how executives' health issues get disclosed. And it will certainly spark a wide debate about whether Apple did the right thing...
...Parsons joined Time Warner as president in 1995, becoming CEO in 2002 - a position he held until 2007. As a member of the company's board since 1991, he was named chairman in 2003 and remained until 2008. Parsons was instrumental in the now defunct AOL-Time Warner merger...
...firm), has served every Republican president since Richard M. Nixon in some way: under George W. Bush, he was a member of the presidential task force that studied the possibility of making major changes to Social Security. In 2008 he joined the Obama transition team's Economic Advisory Board before being named Citigroup chairman...