Bob Mansfield to Focus on New Products, Other Execs Take Over Management Duties

Earlier this week, Apple executive Bob Mansfield stepped down from his management duties at Apple in order to focus on 'special projects' -- reportedly working on the development of entirely new products for the company.

Now, 9to5Mac has additional details about how the shake-up affects other executives.

Dan Riccio, who was promoted to lead Apple's hardware engineering teams when Bob Mansfield first retired last year, will gain oversight of the company's antenna design teams in addition to his current leadership of Mac, iPhone, iPad and iPod engineering.

Jeff Williams, who, as Senior Vice President for Operations, has been Tim Cook's right hand man for years, will take over the job of managing Apple's special projects engineering teams, while Mansfield gets to continue working with Apple's newest and most cutting edge designs without the distraction of management.

 According to a source familiar with the former Technologies team, there has been a lack of formal internal communication regarding the reasoning behind the management shift. However, the company did make the new executive roles clear to these employees. Even with the lack of communication, sources say that the change is not unprecedented. Over the last couple of months, Mansfield is said to have been increasingly focused on chips (and some aspects of wireless) while delegating his other teams to other executives.

9to5 goes on to note that though Mansfield would like to retire at some point, he will likely never fully leave the company. Given the lengths that Tim Cook went in order to keep Mansfield at Apple, it's likely he will be given free reign to work whatever hours and on whatever projects he wishes.

Source: Mac Rumours

 

Apple SVP Bob Mansfield Leaving Exec Team; Will Work on 'Special Projects' Reporting to Tim Cook

Apple Senior Vice President Bob Mansfield has been removed from Apple's Leadership website in the past 24 hours with no explanation.

“Bob is no longer going to be on Apple’s executive team, but will remain at Apple working on special projects reporting to Tim,” company spokesman Steve Dowling told AllThingsD.

He declined any further explanation, refusing to comment on the reasons behind Mansfield’s abrupt demotion or whether Apple plans to appoint a new SVP of technologies.

Mansfield is currently Senior Vice President of Technologies reporting directly to Tim Cook, a position he took last October, overseeing a group focused on innovation in wireless technology and semiconductors. 

His page has been completely removed from Apple's website, though it is still visible on Google's cache.

Last year, Apple announced that Mansfield would be retiring, but several months later announced he would instead be staying at the company. Later, it leaked that Tim Cook had faced an "insurrection" after Mansfield announced his retirement, and Cook gave him an extremely generous benefits package.

At the time, it was reported that Mansfield had committed to stay at Apple through at least 2014, influenced in no small part by the departure of former iOS chief Scott Forstall.

Mansfield has been instrumental in Apple's success in recent years, overseeing the development of the very successful MacBook Air notebooks, as well as recent iPhone and iPad designs.

Source: Mac Rumours

 

Bob Mansfield sells over $20 Million in AAPL stock

Apple Senior Vice President of Technologies Bob Mansfield sold 35,000 shares of Apple stock at a price of $582, netting him a cool $20 million. This financial transaction was detailed in a SEC filing spotted by MacRumors.

Earlier this year, Mansfield sold another chunk of Apple stock for $12.5 million. Shortly after Mansfield sold his stock in February, the executive announced that he was retiring from his role as head of hardware and would serve the company in an advisory role. After a brief hiatus, Mansfield recently returned to lead a new Technologies group that was formed after the ouster of iOS chief Scott Forstall.

This latest transaction does not mean Mansfield is ready to exit the company again. Executives regularly cash in stock they receive as compensation for their work at Apple. Mansfield also has incentive to stay at Apple as he is slated to receive another 150,000 shares that will be disbursed in two equal allotments with the first arriving in June 2013 and the second in March 2016. He also has 100,000 shares of restricted stock that'll vest in 2014.

[Source: TUAW]