Fred Anderson

Frederick D. Anderson Jr. (born May 31, 1944) is an American business executive known for his time with Apple Computer and as a managing director and co-founder of .
==Education and military service==
In 1966, Anderson received an B.A. in economics from , where he was a member of the college baseball team. He received his M.B.A. from the in 1972. Anderson also served as a captain in the .Fred D. Anderson, Apple Computer. 1996-04. Archived 1998-04-29.Poet athletes recognized for academic achievement, Whitter College. 2016-04-05.
==Career==
Anderson became a in the state of California and was a manager in the consulting division of . In 1978, he joined , where he rose to become the president and of MAI Systems Corporation by 1990.MAI Systems Corporation History, Funding Universe. Accessed 2020-08-30. In August 1992, Anderson joined in , where he became vice-president and .
===Apple Computer===
Anderson joined Apple Computer in March 1996 as executive vice president and CFO.Fred Anderson to Retire as Apple CFO on June 1, Apple Computer. 2004-02-05. Archived 2004-02-06. In 1997, he was also the acting CEO, following the ouster of Gil Amelio and before the appointment of Steve Jobs as interim CEO. His financial responsibilities at Apple included oversight of the company's controller, treasury, investor relations, tax, information systems, internal audit, facilities and human resources operations. Anderson retired as CFO on June 1, 2004, with Peter Oppenheimer succeeding him in that position. On the following June 8th, Anderson was appointed to Apple's board of directors. Anderson resigned from Apple's board on October 4, 2006, following a three-month investigation into Apple's stock option practices.
On April 24, 2007, the SEC filed a complaint against Anderson alleging that he failed to take steps to ensure the proper accounting for options granted to him and several other executive officers in 2001. Simultaneous with the filing of the complaint, Anderson settled with the SEC and paid $3.5 million for of profits and interest and $150,000 for a civil penalty. At the time of the SEC settlement, Anderson’s attorney issued a public statement saying that Anderson had relied on representations from CEO Steve Jobs and unanimous approval of the Apple board in reaching the conclusion that the stock option grant in question was being properly handled. Under the terms of the settlement, Anderson may continue to act as an officer or director of public companies.
===After Apple===
Anderson currently serves as managing director and co-founder of and NextEquity Partners, and as a director of , , , and . He also serves on the Board of Trustees of Whittier College and the Stanford Athletic Board. He is a former director of Apple, , and .
==References==
==External links==
*Fred D. Anderson at Apple (archived 2006-03-21, 1998-12-02)
*Fred D Anderson at Bloomberg
*Fred Anderson at Elevation Partners (archived 2006-01-09)
*Fred Anderson at LinkedIn
*Frederick Anderson Net Worth at Wallmine
* at Wikipedia
Category:Apple Board of Directors
Category:Former Apple employees