Press Release

Apple Board Member Resigns His Position As A Google Director

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Tue, Oct 13, 2009 at 11:41 am

    Following
    the resignation of Google chief executive Eric Schmidt from the Apple
    board in August, Levinson has resigned his director position.

    Mr. Levinson, who is also chairman of biotech company Genentech, had been a Google board member since April 2004. Former
    US vice-president, Al Gore, is the last remaining link between the two
    companies as he serves on the board of Apple and is an adviser to
    Google.

    John
    M. Simpson, consumer advocate with Consumer Watchdog, said: “We’re
    pleased that Arthur Levinson finally realised that serving on both
    Google’s and Apple’s boards were untenable. It took too long, but he
    finally did the right thing.

    Consumer
    Watchdog, a non-partisan, non-profit advocacy group, had called for the
    former Genentech chief executive to resign from one of the boards in
    August, when Google Chairman Eric Schmidt stepped down from the Apple
    board, according to Reuters.

    BBC
    News reported that the move was welcomed by the US Federal Trade
    Commission (FTC) which has been probing overlapping board memberships
    as under US law, no-one is allowed to serve on the boards of two
    companies which are direct rivals. The FTC had been investigating
    whether Apple and Google had violated anti-trust laws by sharing two
    directors.

    FTC
    chairman John Leibowitz said in a statement that both firms and Mr
    Levinson "should be commended for recognising that overlapping board
    members between competing companies raise serious anti-trust issues".

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