Seeking Alpha

Apple (AAPL) EMEA chief Pascal Cagni has resigned, according Le Figaro. It's claimed Cagni, who...

Apple (AAPL) EMEA chief Pascal Cagni has resigned, according Le Figaro. It's claimed Cagni, who was hired in 2000 by Steve Jobs, tendered his resignation yesterday. Apple's European sales totaled $11.3B in FQ2, or 24% of global revenue.
From other sites
Comments (4)
  • malcolmelvey
    , contributor
    Comments (2) | Send Message
     
    wonder why
    24 May 2012, 05:43 PM Reply Like
  • Gary Bushwacher
    , contributor
    Comments (544) | Send Message
     
    1 of 2 reasons . . .

     

    a) saw his bonus evaporating with European downturn, missing targets, etc . . so left
    b) Cook didn't like him so pushed him
    24 May 2012, 07:14 PM Reply Like
  • afibaa
    , contributor
    Comments (22) | Send Message
     
    Apple's EMEA Chief, Pascal Cagni, resigns; CEO, Cook, gives up $75 million dividends. Is anything happening at Apple that is worrisome?
    25 May 2012, 12:40 AM Reply Like
  • Frank-too
    , contributor
    Comments (9) | Send Message
     
    This is healthy. Healthy for him and healthy for AAPL. Pascal peaked. Everyone does. He leaves on a high note and can take himself to a new level elsewhere. Now, a new Chief can build upon Pascal's success and take Apple EMEA to the next level and beyond. The timing is good.
    25 May 2012, 12:29 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs