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Fred Anderson joins Apple Board

Apple today announced that Fred D. Anderson, the company’s former executive vice president and CFO, has been elected to Apple’s Board of Directors. Anderson retired on June 1 and was succeeded by Peter Oppenheimer as chief financial officer. “Fred is widely regarded as one of the industry’s leading financial experts and we want his guidance and judgment to continue benefiting Apple’s shareholders,” said Steve Jobs, Apple’s CEO. “Though it is currently out of vogue to add insiders to boards, Fred is the exception to the rule.”

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