“Apple’s recently re-upped Bob Mansfield has cashed in 35k shares of his stock at a price of $582.21 a share,” Matthew Panzarino reports for The Next Web. “At that current valuation, the stock is worth a payday of roughly $20,377,507.50 to the long-time Apple vet.”
“Mansfield is still in posession of 29,548 shares and stands to take possession of another 150,000 shares in June of 2013 and March of 2016 if he stays with the company,” Panzarino reports. “Recently, Apple appointed Mansfield as SVP of its Technologies group, during a restructuring that saw SVP Scott Forstall ousted and his responsibilities divvied up between other staff.”
Read more in the full article here.
Un-retired: Why Bob Mansfield is back at Apple in a big way – November 1, 2012
Tim Cook takes full control of Apple: John Browett and Scott Forstall out; Jony Ive, Bob Mansfield, Eddy Cue and Craig Federighi get expanded responsibilities – October 29, 2012
Apple’s hardware-boss shuffle ruffled feathers, report says – October 3, 2012
Apple CEO Tim Cook expands executive team, Senior VP Hardware Engineering Bob Mansfield will not retire – August 27, 2012