Apple is announcing a new board member today—Dr. Ronald Sugar, the former chairman of the board and CEO of the Northrop Grumman, a U.S. defense company. According to a release Dr. Sugar will serve as the Chair of the Audit and Finance Committee.
Dr. Sugar was Chairman and CEO at Northrop Grumman from 2003 until his retirement in 2010. Prior to working for the defense company, he held positions at Litton Industries and TRW Inc., where he served as chief financial officer.
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