Longtime Apple Board Member Bill Campbell Retiring, BlackRock Co-Founder Susan Wagner To Replace Him

Bill Campbell has had a seat in Apple’s boardroom for 17 years, yet he joined the company in 1983 as vice president of Marketing. Next to Apple co-founders Steve Jobs and Mike Markkula, he’s the company’s longest-serving board member.

Apple announced today that he will be stepping down. BlackRock co-founder Susan L. Wagner will be taking his spot.

Wagner comes to Apple from BlackRock, an asset-management company, which she co-founded in 1988. She will continue to sit on BlackRock’s board.

“Sue is a pioneer in the financial industry and we are excited to welcome her to Apple’s board of directors,” said Tim Cook, Apple’s CEO, in a released statement. “We believe her strong experience, especially in M&A and building a global business across both developed and emerging markets, will be extremely valuable as Apple continues to grow around the world.”

Bill Campbell has served as a corporate director on Apple’s board of directors since 1997, the year Steve Jobs returned to the company. Campbell is currently the chairman at Intuit where he also served as the CEO from 1994 to 1998.

Bill Campbell has left an immeasurable impression on Apple. He will be missed.