Monica Lozano Joins Apple’s Board of Directors

Rhea-AI Summary

Apple has announced the appointment of Monica Lozano to its board of directors. Lozano brings extensive leadership experience from the public and private sectors, with a focus on equity and opportunity. She previously served as CEO of La Opinión and is currently the CEO of College Futures Foundation, advocating for access to higher education. Apple CEO Tim Cook and Chairman Arthur Levinson expressed confidence in her potential to contribute positively to Apple’s growth and community efforts.

Positive

• Monica Lozano's extensive leadership experience may bring fresh perspectives to Apple's board.
• Her background in advocating for equity and education aligns with Apple's values.
• Lozano's involvement in significant philanthropic efforts may enhance Apple's community engagement.

Negative

• None.

Apple® today announced that Monica Lozano, president and CEO of College Futures Foundation, has been elected to Apple’s board of directors. Lozano brings with her a broad range of leadership experience in the public and private sectors, as well as a long and storied track record as a champion for equity, opportunity, and representation.

Prior to joining College Futures Foundation, Lozano spent 30 years in media as editor and publisher of La Opinión, the largest Spanish-language newspaper in the US, helping shine a light on issues from infant mortality to the AIDS epidemic. She went on to become chairman and CEO of La Opinión’s parent company, ImpreMedia. Lozano continues to serve on the boards of Target Corporation and Bank of America Corporation.

“Monica has been a true leader and trailblazer in business, media, and an ever-widening circle of philanthropic efforts to realize a more equitable future — in our schools and in the lives of all people,” said Tim Cook, Apple’s CEO. “Her values and breadth of experience will help Apple continue to grow, to innovate, and to be a force for good in the lives of our teams, customers, and communities.”

“Monica has been a pioneer in every organization fortunate enough to benefit from her vision and expertise,” said Arthur Levinson, Apple’s chairman. “After a thorough and fruitful search, I couldn’t be more confident in the positive impact Monica will have on our board and Apple as a whole.”

“I’ve always admired Apple’s commitment to the notion that technology, at its best, should empower all people to improve their lives and build a better world,” said Lozano. “I look forward to working with Tim, Art, and the other board members to help Apple carry those values forward and build on a rich and productive history.”

Throughout her accomplished career as a business leader, public servant, and philanthropist, Lozano has made an indelible impact on companies and communities in the US and around the world, earning awards from organizations like The Leadership Conference on Civil and Human Rights and the United States Hispanic Chamber of Commerce.

In her role as CEO of College Futures Foundation, Lozano has been a tireless advocate for expanding access to higher education, partnering with philanthropic organizations, state and local governments, and local communities to improve opportunity for low-income students and students of color.

Lozano is a co-founder of the Aspen Institute Latinos and Society Program, and a former chair of both the University of California Board of Regents and the board of directors of the Weingart Foundation, a private philanthropic organization. Lozano is also a former board member of The Walt Disney Company.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s five software platforms — iOS, iPadOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210105005326/en/

FAQ

Who is the new board member elected to Apple in 2023?

Monica Lozano has been elected to Apple’s board of directors.

What experience does Monica Lozano bring to Apple?

Lozano has 30 years of experience in media and leadership in public and private sectors, focusing on equity and representation.

What are Monica Lozano's previous roles before joining Apple?

Prior to joining Apple, Lozano was CEO of College Futures Foundation and served as editor and publisher of La Opinión.

How might Monica Lozano's appointment impact AAPL stock?

Her extensive experience and alignment with Apple's values may contribute positively to the company's strategic direction and community relations.

What initiatives has Monica Lozano been involved in?

Lozano has been an advocate for access to education and has previously led initiatives supporting low-income students and students of color.