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Gap, Inc. CEO Millard Drexler joins Apple Board

25 May 99.

Apple announced today that Millard "Mickey" Drexler, president and chief executive officer of Gap, Inc., one of the world's leading specialty retailers, was appointed to the Apple Company Board of Directors.

Steve Jobs explained that Drexler's "expertise in marketing and retail will be a tremendous resource as Apple continues to grow in the consumer market". Drexler joined the Gap Inc. as president of the Gap division 1983, then went on to become president of Gap Inc. in 1987 and CEO in 1995. Gap Inc. operates more than 2500 stores in the US, Canada, United Kingdom, France, Germany and Japan under all of the brand names: Gap, GapKids, babyGap, Banana Republic and Old Navy.

Apple's Board of Directors is now composed of the following members:

Member Titles/Positions Years on Steve's Board
Bill Campbell Chairman and CEO, Intuit Corp. Since 1998
Gareth Chang Executive Chairman of STAR TV Since 1998
Millard Drexler President and CEO, Gap Inc. New
Larry Ellison Chairman and CEO, Oracle Corporation Since 1998
Steve Jobs Chairman and CEO, Pixar, iCEO, Apple Since 1998
Ed Woolard Chairman, E.I. DuPont de Nemours & Co. Since 1998
Jerry York Vice Chair of Tracinda and former CFO of IBM and Chrysler Corporation Since 1998

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