Feeds

Apple hardware fixer Bob Mansfield retires from Cupertino

Walks away from fortune in share options

Seven Steps to Software Security

Bob Mansfield, Apple's senior vice president of hardware engineering, has announced his retirement from the company after 13 years in situ, and it seems he's also walking away from tens of millions in unclaimed share options.

"Bob has been an instrumental part of our executive team, leading the hardware engineering organization and overseeing the team that has delivered dozens of breakthrough products over the years," said Apple's CEO Tim Cook in a statement. “We are very sad to have him leave and hope he enjoys every day of his retirement."

Bob Mansfield

Mansfield prefers retirement to riches

Mansfield might not have the glamour of Steve Jobs or the design genius Sir Jon Ive, but he did something arguably more important – working out how to manufacture the devices dreamed up by loftier minds. He exemplified the role of the practical engineer; a job best described by the famous British author Nevil Shute as "someone who can do for five bob what any damn fool can do for a quid." *

He spent years managing the production of Apple's laptop range, but in 2010 was bought in to manage the mobile side as well after the iPhone 4's antennagate caused its then-boss Mark Papermaster to quit. Mansfield quietly sorted the iPhone's problems out as much as possible and has been seen a steadying influence within the company ever since.

Mansfield will be replaced by Dan Riccio, Apple’s vice president of iPad hardware engineering, but the shift will be spread out over a period of months to ensure a smooth transition. "Dan has been one of Bob's key lieutenants for a very long time and is very well respected within Apple and by the industry," said Cook.

The departure of Mansfield has come as something of a surprise to Apple watchers. Last year he was one of several executives awarded 150,000 share options apiece (currently worth over $87m) as part of Tim Cook's efforts to keep key staff in position under his rule. Half of the options are scheduled to vest in June 2013, with the other half in March 2016, so leaving now rather than this time next year has cost Mansfield at least $40m in lost benefits.

* For those unfamiliar with the archaic system of money used in the UK before decimalization it should be explained that a bob is slang for a shilling and there were 20 shillings in a pound (or quid). Thus in the US this would be "someone who can do for 25 cents what any damn fool can do for a dollar."

Boost IT visibility and business value

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
Price cuts, new features coming for Office 365 small biz customers
New plans for companies with up to 300 staff to launch in fall
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.