"special projects"
Isn't "special projects" corporate doublespeak for 'too expensive to fire but can't be left with responsibilities'? If so, he must have been a very naught boy, especially as the special projects are unnamed!?
An Apple executive whose pay packet was the second largest in the US has waved goodbye to his position as senior vice president of technologies at Cupertino. The firm announced that Bob Mansfield - formerly its veep of hardware engineering - has stepped down from his current position, but will continue to work under Tim Cook, …
Isn't "special projects" corporate doublespeak for 'too expensive to fire but can't be left with responsibilities'?
Yes, seen this happen at work and it means being relocated to an office at the far end of a corridor where no-one else goes to work on your own until you either decide to "spend more time with your family" or "pursue opportunities outside the company". The key then is whether the company press release/memo that announces this adds "We wish him well in his future career" or not (and I've definitely seen memos that simply say "xxxx is leaving the company to pursue opportunities elsewhere" with no further comment!)
He is a tech-guy. Why would he want all that management hassle if he can now work on exciting tech in Apple-style secret development? Chances are he is happier working on wearable technology, creating the long-rumoured Apple TV or work on the car integration project Apple is said to work on.
No, I don't think that they do. That's what so special about Bob, he is the 2nd highest earner. As the article stated that only Larry Ellison earns more...
Bob the Builder is not a CEO, he is just an employee ( OK he was on the comex).....but that still makes for one hell of a salary.
This is the Forbes list for CEO's ( not employees).
http://www.forbes.com/lists/2012/12/ceo-compensation-12_rank.html
I couldn't even find a list for employees.
He was tempted back for, what is thought to be, astronomical sums. If you wanted to retire and had the cash in the bank to do so I suspect you'd need a lot of coaxing to stay on also. He'd also have no need to be moved to "special projects" as a home for the unwanted, he'd just go if they weren't happy with him. More likely he's shifted to working part time managing projects that interest him. Good luck to the man I say.