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20-Aug-2017 07:16

In other words, not the sort of people who could turn Apple around?

So I was very concerned that Apple could really suffer some big losses on its executive team with the business environment we were in and the competitors coming after our people.

So he had to have a little talk with them about swapping his 20 million then-underwater options for 7.5 million new ones, which they did. I was trying to help Apple by getting some of the Ne XT people into some jobs where they could help Apple, and that’s pretty much all I was doing.

I’ve excerpted some of the juicier bits from the deposition below. On coming back to Apple and becoming CEO in 1997: Q: And I guess, just to go back in time then, I want to just try to understand a little bit the transition from having the title consultant to becoming CEO. A: Well, when Apple bought Ne XT, Apple was pretty messed up.

In the aftermath, Apple spokesman Steve Dowling said: “Following an exhaustive independent investigation, the special committee found no misconduct by Steve Jobs or any other current management.

The board has expressed complete confidence in Steve and senior management.” But it did affect how the public viewed Jobs.

Today’s “Today in Apple history” is significant, though, because it was one of the big scandals that rocked Apple during its big climb back to the top in the mid-2000s.

What comes through in the deposition is how Jobs sees himself and his’ fierce loyalty to those who work for him. So I felt if I took the job, the Pixar shareholders and employees would think I was abandoning them. When these options then “vest” after a period of time, the executive can sell them at the new share price.That can mean a nice bonus if the company increased in value.He was, after all, advertised as being a

What comes through in the deposition is how Jobs sees himself and his’ fierce loyalty to those who work for him. So I felt if I took the job, the Pixar shareholders and employees would think I was abandoning them.

When these options then “vest” after a period of time, the executive can sell them at the new share price.

That can mean a nice bonus if the company increased in value.

He was, after all, advertised as being a $1-per-year CEO.

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What comes through in the deposition is how Jobs sees himself and his’ fierce loyalty to those who work for him. So I felt if I took the job, the Pixar shareholders and employees would think I was abandoning them. When these options then “vest” after a period of time, the executive can sell them at the new share price.That can mean a nice bonus if the company increased in value.He was, after all, advertised as being a $1-per-year CEO.

-per-year CEO.

The public perceived Apple as the “good” underdog in tech, as opposed to other presumably “bad” companies. And who did you consider to be these ultra key people? [Timothy Cook] who at the time I think was our Executive Vice President of Operations, maybe sales and operations, actually. But Jobs wasn’t just rewarding his lieutenants, he was trying to keep them.



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