Why does Apple not list Jony Ive as an Executive Officer of the company?

Rogifan

macrumors Core
Original poster
Nov 14, 2011
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Every SVP with the exception of Jony Ive is listed as an executive officer of the company. I've always wondered why that is. According to SEC rules an officer is defined as:

Rule 16a-1(f) provides the definition for an "officer". It includes the president, the principal financial officer, and the chief accounting officer (or controller), and in addition includes any vice president in charge of a principal business unit, division or function, and any person who performs a significant policymaking function for the issuer.
Certainly an argument can be made that Ive is in charge of a principle function and has a policymaking role at the company. How can Apple justify not listing him as an officer (and thus not having to disclose his salary or stock option grants)?
 

Rogifan

macrumors Core
Original poster
Nov 14, 2011
21,329
26,098
Maybe because he is British? :confused:
Maybe though I couldn't find anything on SEC website. I thought maybe it was due to the small number of employees reporting to him but that doesn't really have anything to do with his influence at the company.
 

Southern Dad

macrumors 68000
May 23, 2010
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Shady Dale, Georgia
It could have to do with his position in design versus policy making for Apple. If I remember correctly, Steve Wozniak also wanted nothing to do with governing of Apple but wanted to be immersed in design.
 
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