Jerry McDougal, Apple VP of Retail, Departs Apple [Updated]

imageWIS said:

Well, don't let facts get in the way of your biased baseless opinion:

http://www.bloomberg.com/news/2012-...-to-reach-378-million-with-stock-options.html

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That's right, don't let facts get in the way of your, and Bloomberg's, baseless misrepresentation. Read the article:

"The total includes $376.2 million in shares, half of which will vest in five years and the remaining amount in 10 years,"

Long term vesting options are not compensation in the year of receipt, though it makes a great headline.

See:

http://tech.fortune.cnn.com/2012/01/10/apple-ceo-tim-cook-didnt-really-make-378-million-in-2011/

Peace said:

Jonny Ive said he used to get upset when Steve Jobs took credit for some of his inventions.

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Tim Cook is the obvious choice for CEO. Just like Browett was.

That said, they should have put Ive as the head of the company. He's the only senior executive that has a Jobs like mystique. He's also the only exec that could continue or build the cult-like following and focus on the principle of new products like Jobs.

With Tim at the helm, it's back to Scully think. Classic management orientation, focused on productivity that will lead to short term gains at the expense of the culture and company.

^^^^ Edit: Also per the above, if Tim's going to bleed the company rather than focus on transformative products, he should at least offer a bigger dividend like every other cash cow.

KPOM said:

I'm guessing he was told he wasn't going to run the retail operation. Apple does need to find the right person, and the sooner the better.

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Exactly. When you put in as much time as he has and you feel you should be next in line and you don't get it? You get the hell out and find something to do that better reflects your value.

Best of luck to him

gkarris said:

Wake me up when Apple is no longer seeing any profits...

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you laugh.... but this has happened before.... and within a couple of years of jobs last departure.... but this time they can't exactly bring him back. Well, unless they invent the iZombie or a raise the dead app for that.

MacAddict1978 said:

you laugh.... but this has happened before.... and within a couple of years of jobs last departure.... but this time they can't exactly bring him back. Well, unless they invent the iZombie or a raise the dead app for that.

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That was Sculley, a businessman from Pepsi, and he knew nothing about computers...

http://cultofmac.com/cultofmac/#!/e...interview-transcript,50f9ec4fd7fc7b5670f8182b

Apple hired a knowledgable person for within this time...