By Christian Zibreg on Apr 15, 2013
Although Apple compensated its CEO Tim Cook for the calendar year 2012 with a $1.36 million base salary and $2.8 million in compensation related to incentive plans, he didn’t made the top five highest-rewarded corporate executives list in Standard & Poor’s top 500 companies. Instead, per Bloomberg’s report filed Monday, four members of the Apple leadership dominate that list.
To be clear, these numbers count both base salaries and stock options companies usually give to their top dogs as sort of a retainer. Specifically, Bob Mansfield, Peter Oppenheimer, Bruce Sewell and Jeffrey Williams all made the top five highest-paid execs list, according to fiscal 2012 compensation figures for top earners filed with the U.S. Securities and Exchange Commission… Read More
By Christian Zibreg on Apr 12, 2013
Last month, news broke that Apple hired Adobe’s former Chief Technology Officer Kevin Lynch as its new VP of technology, reporting directly to Bob Mansfield who heads the new Technologies unit combining Apple’s wireless and semiconductor teams. iDB, along with many other news outlets, opined how out of character the hiring evidently was given Lynch’s history of public criticism of Apple’s stance on Flash. According to a new report, the ex-Adobe exec may now be a part of the engineering group that’s been developing a rumored Apple smartwatch project… Read More
By Cody Lee on Mar 19, 2013
Remember the name Kevin Lynch, because you’re probably going to be hearing a lot more of it from now on. The former Adobe CTO, or Chief Technology Officer, will soon be taking an executive role at Apple.
Reports of the high-profile hiring started circling this afternoon, and the news has since been confirmed by both Apple and Adobe. Lynch will be joining Apple as VP of technology, reporting to Bob Mansfield… Read More
By Christian Zibreg on Nov 30, 2012
Bob Mansfield, Apple’s un-retired SVP of Technologies, is another high-ranked executive to cash in shares of AAPL stock after an “insanely insane” sell-off that saw a quarter of Apple’s market cap wiped off. Like other executives, Mansfield likely figured the move makes financial sense ahead of a rumored “fiscal cliff”.
According to a U.S. Securities and Exchange Commission filing, Mansfield, a long-time Apple veteran, unloaded 35,000 shares. At $582.21 a share, the transaction earned him $20,377,507.50. He still holds 29,548 shares and will get another 150,000 shares in June 2013 and March 2016 provided he stays with Apple.
Though Mansfield wanted to retire, Apple’s boss has managed to convince him to stick around for two more years. If Cook gave me a $2 million a month paycheck as a compensation for an advisement position, I’d also un-retire in a heartbeat…. Read More
By Christian Zibreg on Nov 5, 2012
When Apple CEO Tim Cook last week fired abrasive iOS chief Scott Forstall, he also appointed the company’s un-retired hardware engineering boss Bob Mansfield as the leader of the new Technologies group, which combines all of Apple’s wireless and semiconductor teams. And in an email to employees announcing the management changes, Cook hinted that Technologies “have some very ambitious plans”. But what could these plans be, apart from designing new processors for iOS devices, which is what Mansfield and his team have been doing for years now?
You’re not thinking big enough. How about a transition away from Intel processors across the Mac lineup? But why on Earth engage in such a risky brain transplant? Aren’t the chip giant’s processors good enough for Macs? If “people familiar with the company’s research” are correct, Apple is secretly (well, not anymore) been seeking ways to one day take the processors it designed in-house for the iOS product family and put them inside Macs… Read More
By Ed Sutherland on Nov 1, 2012
The many layers of why Scott Forstall was ousted as Apple’s iOS chief just keep peeling away. The latest wrinkle: Bob Mansfield, the company’s former hardware engineering senior vice president, agreed to come out of retirement to become senior vice president of Technologies, a new group encompassing wireless and hardware tech, only after Apple CEO Tim Cook offered a boatload of cash and the promise he didn’t have to talk to Forstall… Read More
By Christian Zibreg on Oct 31, 2012
Joy of Tech does regular takes on the tech industry’s blunders and Apple is often the subject of their daily web comic. This is their view of Monday’s executive shake-up that saw CEO Tim Cook fire long-time iOS chief Scott Forstall and retail boss (though he never earned that title) John Browett. Go past the fold for the comic and an additional explanation… Read More