Excerpt: Apple Executive Is Let Go and Sues

  • In June, John Sculley, chairman and chief executive, abruptly announced he would resign as chief executive. Mr. Sculley has remained chairman of Apple but has not been closely involved in running the company, according to several executives inside and outside the company.
  • Financial analysts and former Apple executives said today that in recent years Mr. Eisenstat had played a less central role at the company and that there had been some animosity between him and Michael Spindler, Apple’s new chief executive.
  • Previously, Arthur Rock, 66, a director since 1980, quit, citing possible conflicts of interest because he is also a director of the Intel Corporation, the semiconductor manufacturer.

Source: New York Times