Apple to Pay Departing “Father of iPod” $300,000 Shut-Up Money Annually
“Advisor” to Apple CEO Steve Jobs is a killer gig–if you can swing it. Just ask Tony Fadell. The now former senior vice president of the company’s iPod division will collect an annual salary of $300,000 until March 24, 2010, in his new role of Special Advisor to the CEO, according to Apple’s latest 10-K. He’ll also be entitled to bonus and health benefits. And be expected to keep his distance from Apple’s rivals. And to keep his mouth shut. If he doesn’t, he can say goodbye to those 77,500 restricted stock options set to vest in full in March of 2010.
Tuesday, November 4, 2008
Apple’s iPod VP to Spend More Time With Friends, Family …
If IBM veteran Mark Papermaster is able to begin work at Apple without being sued into oblivion by his former employer, he may end up in Tony Fadell’s old office. Fadell, senior vice president of Apple’s iPod division and one of the chief architects of its audio strategy, is leaving the company and Papermaster is his intended replacement.
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About John
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Ethics Statement
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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- The Golden Age of Video
Best video mashup ever.
- I’m not dead yet
A Facebook Memorial
- Pulp Fiction Audio Mix
Wow.
- A world without the Internet
Worth it for the Rickrolling photo alone.
- Google Wave Cinema: Pulp Fiction
Excellent.
- Dead Fly Art
Flughumor!
- Happy Birthday Monty Python …
… you vacuous, toffee-nosed, malodorous perverts
- ‘You are being shagged by a rare parrot’
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
- A Spectacular Cover of “Let It Be”
Spectacular in the bellowing Russian sailor sense of the word …
- Protect Insurance Companies PSA
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
