Apple CEO Succession Plan Gets Backing From ISS

An Apple Inc. (AAPL) shareholder proposal requiring the company to disclose a succession plan for CEO Steve Jobs gained the support of Institutional Shareholder Services, a proxy-advising service.  ISS, which helps institutional investors decide how to vote on shareholder propositions, wants Apple’s board to disclose a CEO succession plan annually, according to a report released by the firm. – Bloomberg

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