Then again sitting at a meeting with Steve and saying, " I still feel we
should be using Solaris" is not the brightest thing to do...
Hancock said to be negotiating
severance terms with Apple
By Charles Cooper
February 20, 1997 03:46:10 PM EST
PC Week Online
Ellen Hancock is negotiating terms of a severance
package in preparation for her resignation from
Apple Computer Inc., according to sources familiar
with the decision.
Hancock, who was hired as Apple's chief
technology officer last summer, saw her
responsibilities diminished earlier this month when
she was put in charge of a group that oversees
reliability and quality.
A secretary in her office said Hancock was traveling
and unavailable for immediate comment.
"I have no knowledge that Ellen is leaving the
company," said David Harrah, director of corporate
communications at Apple. "I don't think there's any
substance to the story."
However, one source familiar with the talks
confirmed the substance of the negotiations.
"I would say she'll be gone within the next two
weeks," said the source. "There's no question she's
trying to get out."
Another source close to Apple said Hancock's
resignation could come even sooner than that but
was unable to be more precise.
Hancock, who worked for Apple CEO Gil Amelio
when he was CEO at National Semiconductor
Corp., was appointed CTO last July. One of the most
high-profile female executives in the computer
industry, Hancock spent nearly three decades at
IBM and had been in the running for the top job at
Novell Inc. before Robert Frankenberg got the nod
Speculation about Hancock's future has grown in
recent weeks with the increasingly prominent role
being played by Apple co-founder Steve Jobs. Jobs
came on board after his company, NeXT Inc., was
bought by Apple in December for $430 million and
has been serving as an informal advisor to Amelio.
However, Jobs' influence has become more
pronounced in the last few weeks. Two of his
lieutenants from NeXT, Avie Tevanian and Jon
Rubinstein, were recently put in charge of R&D at
Apple, based in Cupertino, Calif.
I got two turntables and a microphone...
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