Tim Cook Faced an 'Insurrection' Following Announcement of Bob Mansfield's Retirement

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Oct 3, 2012.

  1. macrumors bot

    MacRumors

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    Earlier this year, Apple announced that hardware chief Bob Mansfield would be retiring, staying on for several months as iPad hardware engineering chief Dan Riccio transitioned into the broader role overseeing the company's entire hardware effort. But just two months later, Apple announced that Mansfield would be staying on, retaining his senior vice president title but without a specific role other than to "work on future products".

    A new report from Bloomberg Businessweek profiling Apple one year after the death of Steve Jobs reveals the backstory behind Mansfield's reversal, noting that Apple CEO Tim Cook found himself facing an "insurrection" from Apple employees following Mansfield's retirement announcement.
    Officially, Apple's hardware engineering group is now under the oversight of Riccio, so it is unclear exactly how Mansfield and Riccio are working together on their projects. Both executives report directly to Cook, and it is unknown how long Mansfield intends to remain with Apple.

    Article Link: Tim Cook Faced an 'Insurrection' Following Announcement of Bob Mansfield's Retirement
     
  2. macrumors 65816

    kjs862

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    #2
    Things with Apple haven't sit right with me lately.
     
  3. macrumors 603

    MH01

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  4. macrumors 6502

    TrentS

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    #4
    2 Million A Month!?

    2 Million a month!!?? That's a lot of dough to stay on! Dang!!!

    :eek::eek::eek::eek:

    Mansfield: "If they would have just offerred me 2 weeks more vacation, I would have took it!" ha ha
     
  5. macrumors 6502a

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  6. macrumors 68020

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    #6
    Why? All smart companies do that for their most valuable employees; they can't stop anyone from quitting or retiring, but what they can do is keep them as advisors or consultants onboard.
     
  7. macrumors P6

    IJ Reilly

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    #7
    As an advisor, no less. I wonder how Apple employees feel about it now.
     
  8. macrumors 603

    chrmjenkins

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    #8
    I'm actually surprised it was a monetary decision. I figured it was a vacation/retirement/new opportunities one and no amount would sway him.
     
  9. macrumors 6502

    Sora

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    #9
    Can't say this is the "beginning of the end", but it surely isn't business as usual. Things are definitely changing - who knows if it's for the better or worse.
     
  10. macrumors 6502a

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  11. macrumors 68020

    iBreatheApple

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    #11
    Sucks that people's personal lives and decisions get exploited like this. It's nobody's business.
     
  12. macrumors 68020

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    #12
    I hope I become 'Shrek' one day and be worth 2 million dollars a month, when I'm about to retire...
     
  13. macrumors 6502

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    #13
    Anyone else think Bob looks like Chris Farley?
     
  14. macrumors 65816

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    #14
    They offered him $1 million but he doubled down ;)
     
  15. macrumors newbie

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    #15
    It's a company not a charity, this is how contracts work and it makes total sense to me.
     
  16. macrumors 6502

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  17. macrumors 6502a

    BornAgainApple

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  18. macrumors regular

    Matt-M

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  19. macrumors member

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    #19
    When you work for a publicly traded company it is
     
  20. macrumors 68040

    MonkeySee....

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    #20
    I like this. If you have spare cash, keep your prized assets :) :apple:
     
  21. macrumors 6502

    TrentS

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    #21
    What The-!!??

    Dude, Apple is a "publicly traded company". What do you mean it is nobody's business?!

    :confused: :confused: :confused: :confused:
     
  22. macrumors 6502a

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  23. macrumors 68000

    Saladinos

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    #23
    Actually, I think it's exactly what Steve would have done. Steve spoke a lot about hiring and how keeping the best people working for you is important.
     
  24. macrumors member

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    #24
    Exactly my sentiments. Bob rocks and he is being recognized for his critical role to the company.

    Steve most definitely would have allowed this. :apple:
     
  25. macrumors G4

    daneoni

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    #25
    $24m for an Exec in a $600+Bn company is nothing. Especially if you're keeping hold of an apparently really smart guy as a result.
     

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