A Revolving Door for Apple GCs: Intel’s Sewell to Replace Cooperman
Posted Sep 15, 2009 8:27 AM CDT
By Debra Cassens Weiss
The general counsel position at Apple doesn’t appear to be long-lived.
Daniel Cooperman, the general counsel of Apple since September 2007, is being replaced by Intel Corp. general counsel D. Bruce Sewell, according to a press release. Cooperman will retire at the end of September.
Cooperman became Apple’s general counsel after leaving his general counsel position at Oracle Corp. He replaced Donald Rosenberg, who held the job for less than a year. Rosenberg had replaced Nancy Heinen, who later paid $2.2 million in a civil settlement with the Securities and Exchange Commission to resolve allegations of stock options backdating.
Sewell resigned four months after Intel was fined a record $1.4 billion by the European Commission for anti-competitive practices.
Sewell joined Intel in 1995 as a senior attorney and was promoted to deputy general counsel in 2001, the same year the initial complaint was brought against Intel in the European case, according to Corporate Counsel. He replaced F. Thomas Dunlap as general counsel in 2004.
In February, Cooperman refused to answer reporters’ questions about a reported investigation by securities regulators into how Apple has handled the disclosure of information about the medical condition of Apple’s leader Steve Jobs, the New York Times reported at the time. The Huffington Post reported the SEC has opened in investigation into whether insider trading occurred at Apple, but Business Week's Byte of the Apple blog was unable to confirm the report.