#FF00AA

My name is Cédric Bozzi, I make apps and websites, and this is my tech blog — you’ll find news commentary here, from a very opinionated Mac-head.

Il y a une version française ici, but most of this blog’s contents are extracted from my Twitter feed, and hence only available in one language (which varies randomly).

26 apr. 2009

“Steve Jobs On The Value Of Stock Options”

Q: And did you take on the role then as CEO?

Jobs: Well, no, I did not. I was very concerned that Pixar was a newly public company with shareholders, employees, and I felt that - - to my knowledge there had never been a CEO of two public companies before. So I felt if I took the job, the Pixar shareholders and employees would think I was abandoning them.

Q: Mm-hmm

Jobs: And I decided I just - - that I couldn’t do that. So I took the title of interim CEO and agreed to come back for 90 days to help recruit a full-time CEO.

Q: How did that recruitment effort go?

Jobs: I failed.

Q: And when you say you failed, is it that you didn’t find anyone that you thought would be suitable to take on the role?

Jobs: Yes. Apple was not in good shape and everybody knew it and the kind of candidates that we were being offered up by the headhunters were not very talented.

Q: Okay. In other words, not the sort of people who could turn Apple around?

Jobs: Yes.

Q: Okay. So after that 90 days, what happened next?

Jobs: Well, it just kind of slid into the fact that I stayed. I kept the interim CEO title for quite some time, a number of years.

Seriously?

We’re supposed to believe that?

 

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