Bloomberg is reporting that Jerome York a member of Apple’s Board of Directors and former CFO of IBM and Chrysler has been hospitalized in critical condition after suffering a cerebral hemorrhage. York, 71, collapsed at his Rochester, Michigan, home Tuesday night, according to his wife, Eilene York, and was taken to Pontiac Osteopathic Hospital by […]
" />

Apple Board Director Jerome York Hospitalized [UPDATED]

Bloomberg is reporting that Jerome York a member of Apple’s Board of Directors and former CFO of IBM and Chrysler has been hospitalized in critical condition after suffering a cerebral hemorrhage.

York, 71, collapsed at his Rochester, Michigan, home Tuesday night, according to his wife, Eilene York, and was taken to Pontiac Osteopathic Hospital by ambulance. She said today that doctors told her that he suffered a massive cerebral hemorrhage.

Steve Jobs hand-picked York for Apple’s board after Jobs’ return to the company in 1997. York was just reelected to the board at lat month’s shareholders meeting.

Apple’s corporate bylaws require at least five board members and no more than nine. Google CEO Eric Schmidt resigned from Apple’s Board last summer bringing the number of Board members to seven.

Apple has released a statement stating that York has died.

Steve Jobs:

“Jerry joined Apple’s Board in 1997 when most doubted the company’s future. He has been a pillar of financial and business expertise and insight on our Board for over a dozen years,” said Steve Jobs, Apple’s CEO. “It’s been a privilege to know and work with Jerry, and I’m going to miss him a lot.”

Continue reading:

TAGS: