The executive was at the center of a shakeup that began with his announced retirement and ultimately led to a promotion. Apple says Mansfield will remain at Apple working on special projects reporting to Tim Cook.
Apple's senior vice president of hardware engineering Bob Mansfield will retire, Apple says. The company has already named a replacement.
Mansfield, Apple's senior hardware chief and one of the company's most visible execs, unretires for another tour of duty.
Apple executive Bob Mansfield has let go of more than $20 million in company stock as part of a sale yesterday.
According to a new report, a major change in Apple's hardware division angered some of the company's top employees.
The top lieutenants at the iPad maker last year pulled in as much as $85 million in total compensation.
Apple's senior vice president of hardware engineering Dan Riccio let go of a little more than $10.7 million in stock this week.
The company is said to be developing an app called Healthbook for iOS 8, and some of Apple's top execs met with the FDA last month.
Apple says its iOS software chief is departing in 2013, among other management changes including the exit of recent retail hire John Browett.
Company's senior VP of Macintosh hardware engineering, Bob Mansfield, sells almost all his shares this week. No need to sound alarm bells though--he's got a track record of buying and selling.