Tag: Apple Computers

Tech Giant Apple Appoints former Boeing CEO James A. Bell to its Board of Directors

James A. Bell (photo via macdaily.com)
James A. Bell (photo via macdaily.com)

Technology companies have been the target of questioning when it comes to hiring minorities. In fact, with the lack of adequate minority representation in companies like Facebook and Google, civil rights activists such as the Rev. Jesse Jackson along with the Rev. Al Sharpton have called out these companies. By calling out major technology companies with regard to their hiring practices of minorities to managerial and upper management positions, some companies are listening.

In a recent development, Apple has elected James, A. Bell to its board of directors. This move is without a doubt, a move in the right direction for a company as powerful as Apple.

Bell is the former chief financial officer and corporate president of the Boeing Company. With a 38-year tenure at Boeing, Bell served as the interim CEO of the the company in 2005.

When asked about his election to the board of directors for Apple, Bell said “I am an avid user of Apple products and have a tremendous respect for the company’s ability to innovate. I am delighted to join the Apple board and look forward to contributing to its continued success in any way I can.” according to The Root.

With all of his vast experience in corporate America, Bell brings quality leadership and strategic planning to the board. In addition to that, his experience in finance will definitely be a huge contributing factor.

“In August, Apple said it was making efforts to hire more women and underrepresented minorities, recruiting more diverse candidates in the past 12 months than in any previous year, but overall there was little change in the demographics of the company, which is overwhelmingly male and white, USA Today reported Thursday.”

Apple isn’t the only board appointment Bell has. He’s a board member of the following: Dow Chemical, JP Morgan Chase, and CDW. He’s also a trustee of the Chicago’s Rush University Medical Center
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article via financialjuneteenth.com

Apple Acquires HopStop From Nigerian Entrepreneur Chinedu Echeruo

Chinedu EcheruoIn a bid to shore up its mobile and Web mapping infrastructure, Apple has confirmed a purchase of Nigerian entrepreneur Chinedu Echeruo‘s (pictured) HopStop.com application. With Google buying the Israel-based Waze map application for a reported $1.1 billion, it has been rumored that HopStop’s acquisition was worth a similar amount. But thus far, Apple has not revealed the terms of the deal.

As reported by the Wall Street Journal’s “All Things Digital” blog, HopStop empowers Apple’s map program by providing access to a portion of the mapping landscape it had yet to cover: mass transit directions. The move has been seen by many analysts as the tech-giant’s largest push to compete with the industry-leading Google Maps service. In fact, Google has been providing map data to Apple since 2007.

As an entrepreneur, Echeruo has founded both HopStop and Tripology, after stints working as an analyst for J.P. Morgan Chase. Echeruo also made his mark in the hedge fund world, working for AM Investment Partners for a time. Echeruo grew up in Eastern Nigeria and was a student at Kings College in Lagos. He later came to the States to attend Syracuse University and Harvard Business School before founding his businesses.

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