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Apple Should Explain Jobs’s New Role, Governance Experts Say

Apple Inc. should provide greater detail about Steve Jobs’s new responsibilities as chairman to give investors clarity on his role at the company, corporate-governance experts said.

Jobs resigned as chief executive officer and was elected to the new position of chairman, Apple said yesterday. As former Chief Operating Officer Tim Cook takes over as CEO, questions remain about whether Jobs will help manage the company’s operational decisions or just lead the board, said Charles Elson, director of the University of Delaware’s Center for Corporate Governance, in an interview.