May 6, 2024

Eric Schmidt 'Couldn't Stand' the Apple Board [Update]

Posted September 2, 2011 at 3:40pm by iClarified · 10789 views
Eric Schmidt says he stayed on the Apple board until he 'couldn't stand' it any longer, reports Bloomberg.

"I was on the board until I couldn't stand the board anymore," Schmidt said in a Q&A with Salesforce CEO Marc Benioff.

However, Schmidt also says he is proud of his time as director and praised Steve Jobs.

"It's certainly the best performance of a CEO in 50 years," Schmidt said. "We've all benefited from the tremendous innovation at Apple. And I say this as a very proud former board member at Apple."

Schmidt left the Apple board when rivalry between the two companies accelerated.

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UPDATE
Eric Schmidt's quote was improperly transcribed and distributed via Bloomberg. What he actually said was: "I was on the board until I couldn't stay on the board anymore,"