Feeds

Apple hardware fixer Bob Mansfield retires from Cupertino

Walks away from fortune in share options

The essential guide to IT transformation

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."

5 things you didn’t know about cloud backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?