Apple Is Right on Jobs Disclosure, Former SEC Chair Levitt Says
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Former U.S. Securities and Exchange Commission Chairman Arthur Levitt, once disinvited from joining Apple Inc.’s board amid differences over corporate governance, said the company has disclosed enough about Steve Jobs’s health.
Apple released an e-mail from Chief Executive Officer Jobs on Jan. 17 saying that he would take a medical leave of absence. The leave is his third since 2004. Levitt, who headed the SEC from 1993 to 2001, said the severity of Jobs’s cancer is well established and the board doesn’t need to share more details with the public.