Linked by Thom Holwerda on Fri 23rd Feb 2007 20:03 UTC
Apple "Apple has said that Jobs knew of backdated option grants but "was unaware of the accounting implications", and an internal investigation cleared him of misconduct. Still, according to media reports, he's been questioned by authorities at the Securities and Exchange Commission, and the investigation by federal authorities is ongoing. With such questions still swirling, some wonder about the possible downside of leaning so heavily on one person to drive the company's success - and what the Jobs-friendly board is doing to prepare for the possibility of losing its star pitchman."
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They won't lose Jobs
by Priest on Fri 23rd Feb 2007 20:14 UTC
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Even if they were forced to out him as CEO, he would probably still be on the board or continue to work with the company much like the way Bill Gates still works with Microsoft now that Ballmer is CEO, or the way Scott McNealy is still involved with Sun.

It is unlikely Jobs will be ousted as CEO, but even more unlikely that he would drop off the face of the iEarth.

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