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Apple CEO resigns; Jobs to expand role

Published on .

The abrupt departure of Apple Computer Chairman-CEO Gil Amelio June 9 throws a wrench into Apple's $80 million to $90 million U.S. agency review.

The embattled chairman resigned June 9, exiting as Apple stock trades at its lowest point in more than a decade and Apple braces to announce another quarterly loss June 16. Mr. Amelio's key aide, Exec VP Ellen Hancock, also resigned.

Fred Anderson, exec VP-chief financial officer, will run Apple on an interim basis while the company searches for a CEO.

For more on this story, see the full article in FEATURES

Copyright July 1997, Crain Communications Inc.

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