Fred D. Anderson (born c. 1945) is an American business executive known for his time with Apple Inc. and as a managing director and co-founder of Elevation Partners.
[2] His responsibilities at Apple included oversight of the company's controller, treasury, investor relations, tax, information systems, internal audit, facilities and human resources operations.
[3] 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 disgorgement 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.