EVEN BIG GUNS HAVE EMPLOYMENT CONTRACTS
In yesterday’s online Washington Post was an interesting article about Apple ‘s iPod Chief who recently left Apple. The article by Robert Andrews, published on macoNews.net discusses Tony Fadell, SVP of Apple’s iPod division departure from Apple.
“He is leaving for personal reasons and will be replaced this month by IBM microprocessor technology development VP Mark Papermaster, a source told WSJ.com. In response, IBM is now suing Papermaster under his non-compete contract clause, to prevent him from divulging secrets about its microchips, News.com says.”
Wow – I am guessing the cost to defend that non-compete could be pretty hefty. Hopefully, Apple will help pay the bill!