Apple’s Campbell Retires From Board; Sue Wagner to Join

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Apple Inc. said Bill Campbell, a longtime confidant of Steve Jobs and the company’s longest-serving director, will retire from its board and be replaced by former BlackRock Inc. Vice Chairman Sue Wagner.

Wagner, who co-founded the world’s biggest money manager in 1988, brings key experience in mergers and acquisitions, Apple Chief Executive Officer Tim Cook said yesterday in a statementBloomberg Terminal. Before retiring in 2012, she helped orchestrate BlackRock’s deals for units of Merrill Lynch & Co. and Barclays Plc.