June 18, 1993: John Sculley, the ex-Pepsi exec recruited by Steve Jobs to “change the world,” steps down as Apple CEO after a 10-year run.
The Apple board asks Sculley to leave after AAPL shares collapse from a high of $4.33 in 1992 to a measly 73 cents. Sculley hands over the CEO reins to Michael Spindler before briefly taking the role of Apple chairman, prior to departing altogether.
April 6, 1939: John Sculley is born in New York City. He will grow up to be hailed as a business and marketing genius, eventually overseeing Apple’s transformation into the most profitable personal computer company in the world.
October 14, 2005: Tim Cook takes the reins as Apple’s chief operating officer. His new role as Apple COO continues his upward climb through the company’s ranks that will make him CEO less than six years later.