> The proposal submitted by the Central Laborers’ Pension Fund asks that Apple’s board of directors adopt and disclose a detailed succession planning policy that would require annual public reports on succession planning. Apple’s board opposes the proposal. In a January [filing with the Securities and Exchange Commission](http://sec.gov/Archives/edgar/data/320193/000119312511003231/ddef14a.htm), the company said it’s already implemented succession planning. Publicly disclosing succession information would give competitors an unfair advantage and hurt efforts to recruit and retain executives, Apple argues.
via [macworld.com](http://www.macworld.com/article/157683/2011/02/ceo_succession_plan.html?lsrc=rss_main)
I love how these piss-ants think they have a right to tell Apple they don’t know how to plan properly for the future. How about you look at the track record of the last decade and put a little trust in the people running the show, rather than questioning their judgement? They’re literally the only team in tech that knows what its doing, and you’re coming at them from the outside with no knowledge whatsoever and questioning the way they’re handling this? That takes some serious balls.
The shareholders, myself included, have done just fine over the last several years with Apple. If you don’t like how Apple is handling its future plans, feel free to sell your shares and buy some Microsoft. It’ll be your loss.
