The Wall Street Journal reported that York, 71, suffered a burst brain aneurysm at his Rochester, MI home on Tuesday night and that his condition was grave Thursday morning. His family was by his side, according to sources.
Apple confirmed the sad news Thursday morning:
Apple is sad to announce the death of Apple Board member Jerome B. (Jerry) York. York, the chairman, president and CEO of Harwinton Capital, joined Apple’s Board of Directors in 1997. He was the former CFO of IBM and Chrysler, and former vice chairman of Tracinda. He is widely acknowledged for his contributions at Chrysler and IBM during their turnarounds.
"Jerry joined Apple’s Board in 1997 when most doubted the company's future. He has been a pillar of financial and business expertise and insight on our Board for over a dozen years," said Steve Jobs, Apple’s CEO. "It's been a privilege to know and work with Jerry, and I'm going to miss him a lot."
York was picked by Apple CEO Steve Jobs to join the company's board in 1997. He made his name in the auto industry. He worked his way up through Chrysler, eventually serving as the company's chief financial officer and as a director for General Motors.