November 18, 2004
Gil Amelio's Reign at Apple, and his Eventual Ouster
According to many economists, Gilbert Amelio is the savior of businesses in trouble. With this in mind, the board of directors at Apple decided to appoint Gil Amelio to the board after reporting another huge loss in 1994. At the time, Michael Spindler was the head of Apple, and sales in every division. The board accepted Spindler's resignation and appointed Gil Amelio to the helm of Apple.