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  • Apple’s Jonathan Ive Might Be Moving Back to England: Rumor

    Jonathan Ive, Apple’s leading industrial designer, apparently wants to spend more time in his native England, if the rumors circulating are true. Ive outlined a plan to Apple’s board of directors, where he would commute from the Cupertino campus to his home in Somerset, England. Apparently, the board didn’t go for the idea and they’ve “been at loggerheads” ever since. Ive and his wife would like to move back to England so they can raise and educate their twin boys there.

    A family friend recently stated, “'Unfortunately he is just too valuable to Apple and they told him in no uncertain terms that if he headed back to England he would not be able to sustain his position with them.”

    Back in 2008, Ive received a “golden handcuffs” option that allowed him to buy Apple stock when it was at a much lower price than it is today. He was able to buy Apple stock in the $100 range as long as he agreed to stay with the company. He is now eligible to sell the stock, which is reportedly worth approximately $30 million. Apple stock prices have gone up considerably since 2008, this week closing at $348.16 a share.

    An Apple spokesperson predictably answered with “no comment” when questioned about Ive’s plans for the future. With Apple CEO Steve Jobs on a medical leave of absence, and Jonathan Ive possibly heading back to England, two of Apple’s most influential players may not be around to shape the future of Apple. Jobs recently refused to outline a plan of succession to the board of directors, although Tim Cook is the obvious choice. Will Apple still be as successful a company without its two most influential men? I certainly hope so. I would hate to see Apple head back to the dark days when Gil Amelio was in charge.

    Source: TUAW
    This article was originally published in forum thread: Apple’s Jonathan Ive Might Be Moving Back to England: Rumor started by Wiley John Wright View original post
    Comments 28 Comments
    1. Co1d Night's Avatar
      Co1d Night -
      Quote Originally Posted by feidhlim1986 View Post
      As an atheist I didn't think you'd believe in hell
      Real hell is life on earth. Gives new meaning to a living hell
    1. Silverado87's Avatar
      Silverado87 -
      I love the guy. He should do whatever feels right. God it would suck to replace him. Commuting back and forth would suck. I wonder how much air travel that is not to mention I would hate planes public or private if I was flying that much
    1. emtee25's Avatar
      emtee25 -
      Wants to come home as we have the best education in the world :-)
    1. bigboyz's Avatar
      bigboyz -
      Apple really needs to relax...obviously Apple wants him to stay where they can keep there EYES on him, so to speak. You know how secretive Apple is in general. The man is a self made multi millionaire...I believe he has more than earned the right/trust to make these decisions. If Apple keeps up this stranglehold technique, they are going to pass up on some of the future GREAT MINDS in telecommunications....just a thought :]
    1. steve-z17's Avatar
      steve-z17 -
      Quote Originally Posted by Th3_Amazing_Ath3ist View Post
      At least someones smart to get out of this hellhole we live in.
      Do you not like America?

      Quote Originally Posted by Stonetz View Post
      I think you're confused. I'm not saying they're more or less evil than other companies but Apple is just as profit orientated.

      At this level in any company your life is going to be second to the companies needs for sure.
      Well at least the guy has enough money to retire early and live very comfortably!
    1. PM5K's Avatar
      PM5K -
      He's got 30 million worth of Apple stock, he's holding all the cards here not Apple. They might as well let him telecommute, it's better than loosing him entirely.
    1. akafred's Avatar
      akafred -
      he should have no problem working from england, all he would need is a fast internet connection and a vpn.. i worked in a us engineering department from here in Canada, other than the by-monthly in person meetings i did all my work from here.
    1. Snozberries's Avatar
      Snozberries -
      Quote Originally Posted by reagan5194 View Post
      Wow apple is a sad company if he wants to live in England he should be able to
      I call shenanagans. Apple wants his position to stay in Cali. Not an unreasonable request. He has $30M in stock. you no likey, you sellie and go back to the queen. PEACE.