Of course Apple has a succession plan in place for when Steve Jobs steps down as CEO.  But revealing that is probably not a great idea.  Plus, isn’t it pretty obvious by now?  AAPL investors agree.

CUPERTINO, Calif. — Apple investors voted down a proposal Wednesday that would force the tech giant to reveal its succession plan.

As a result, the company is under no obligation to disclose its plans about how the company would be run if CEO Steve Jobs had to step down.

Investors have expressed concern regarding the future of Apple leadership after, Jobs, who will turn 56 Thursday, announced a medical leave from the company last month.

Jobs did not attend Wednesday’s meeting.

About the Author

Seth Weintraub's favorite gear