April 19, 1994: The executive in charge of Apple’s revolutionary new product line, the Newton MessagePad, parts ways with Apple.
“We can’t say whether he fell or was pushed,” says an Apple spokesman. Reports suggest that the departing Gaston Bastiaens, general manager of Apple’s personal interactive electronics division, is leaving due to his failure to make the Newton a financial success.
April 12, 1976: Apple’s third co-founder, a former Atari colleague of Steve Wozniak’s named Ron Wayne, cashes in his Apple shares for just $800.
Wayne, who owns a 10 percent stake in the company, throws in the towel after worrying that he doesn’t have the time or energy to properly invest in Apple. He later receives an extra $1,500 check to seal the deal. When he cashes it, he loses out on an investment worth billions.
April 8, 1983: John Sculley, former president of PepsiCo, takes charge as Apple’s third CEO.
Despite a total lack of experience selling tech products, Sculley is lured to Apple by Steve Jobs himself. The Apple co-founder famously pitched the Pepsi exec with the line, “Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world?”
March 4, 2014: Peter Oppenheimer, the Apple chief financial officer who presided over a decade of skyrocketing growth, steps down from the company.
After becoming Apple CFO in 2004, Oppenheimer saw the company’s valuation soar from $8.8 billion to $471 billion. Luca Maestri, current Apple senior vice president and chief financial officer, replaced Oppenheimer in this crucial position.
February 25, 1981: Apple CEO Michael Scott oversees a mass firing of employees, then holds a massive party.
“I used to say that when being CEO at Apple wasn’t fun anymore, I’d quit,” he tells a crowd of Apple staffers. “But now I’ve changed my mind — when being CEO isn’t fun anymore, I’ll just fire people until it is fun again.” For many people at Apple, the day is the worst in company history — and an early sign that the fun startup culture of the early days are gone forever.
February 2, 1996: Apple reveals that turnaround artist Gil Amelio will take over from Michael “The Diesel” Spindler as CEO of the struggling company.
With disappointing Mac sales, the disastrous “clone Mac” strategy and a failed Sun Microsystems merger to his name, Spindler is asked to resign by the Apple board. Then Cupertino enlists supposed corporate miracle-worker Amelio for the job.
Unfortunately, he turns out to be no better than Spindler.
Dan Riccio, one of Apple’s top designers, is moving to a mysterious new role in Cupertino.
After joining Apple in 1998, Riccio worked on loads of groundbreaking products, from the first iMac to last year’s AirPods Max and the M1-powered Macs. Now, he’s become Apple’s “vice president of engineering.”
Going forward, Riccio says he will be “focusing all my time and energy at Apple on creating something new and wonderful that I couldn’t be more excited about,” according to a press release Monday.