Apple postpones Q2 earnings report

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Apple investors will have to wait a day to hear the latest financials from the mother ship.
Apple investors will have to wait a day to hear the latest financials from the mother ship.
Photo: Apple

Apple has delayed its annual Q2 financial report by one day to April 26, 2016.

Apple’s investor site shared the news Wednesday, saying the postponement is out of respect for Bill “The Coach” Campbell, one of Steve Job’s favorite tech advisors and longtime Apple board member, who passed away earlier this week.

Steve Jobs’ favorite tech adviser dies

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Bill Campbell served on Apple's board longer than anyone.
Bill Campbell served on Apple's board longer than anyone.
Photo: Niall Kennedy/Flickr

Legendary Silicon Valley tech adviser and former Apple board member Bill Campbell had died.

Campbell was popular for dishing out wise advice to top tech leaders like Steve Jobs, Larry Page and Jeff Bezos, and was popularly known by his nickname, “The Coach.”

Apple’s outgoing board member reflects on his long career

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Picture: Intuit
Outgoing board member Bill Campbell reflects on his years at Apple. Picture: Intuit

Earlier today it was reported that Bill Campbell, aka Apple’s longest-serving board member, has elected to step down after 17 years. In a timely interview with Fortune, Campbell — who has been involved with Apple dating back to 1983 — reflects on several topics, ranging from Tim Cook’s leadership style to the challenge of balancing advisory work at Google with Steve Jobs’ “thermonuclear war” threats.

Selected highlights are below:

Wall Street insider replaces Apple’s longest-serving board member

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suewagner
Susan L. Wagner is the newest member of Apple's board of directors

Apple is continuing its push to diversify its leadership with the announcement this afternoon that Susan Wagner, a wall street insider who co-found one the world’s top investment firms, has been added to the company’s board of directors, taking the spot of the board’s longest serving member.

Bill Campbell has been on Apple’s board for 17 years but has decided to retire, making room for Wagner to take her seat on Tim Cook’s board. Wagner comes to the board after co-founding BlackRock in 1988 and leading it to become one of the world’s most successful asset-management companies. She’ll continue to serve on BlackRock’s board, as well as boards for Swiss Re, Wellesley College, and Hackley School.

In an press release announcing the changes, Tim Cook had high praises for Wagner, as well as the man she’s replacing: