As the stock price is getting higher, it will be more attractive to
Jobs to stay as CEO since he could exercise his right on such 17m
shares to be voted by shareholders stated in proxy. I have no doubt
that shareholders will give an o.k. signal for stock allocation for
executives as long as the stock price continues to stay at the current
level or higher.
It was quite clear that Ellison help Jobs get the current spot long
time ago. But, Ellison paid a decent price for that. He used to lose $3b
in one day due to Oracle's slow sales, and I believe also in part
because of his making waves during Dr. Gil's administration.
Personally, I would give Dr. Gil to execute through his 3-year plan
before I give up on his.
It is also quite clear that IBM has more or less impact the future of
Apple's CEO selection. The reason is quite simple - IBM made G3's
chips with copper technology, which is getting more important for
Apple's sales in the future. Cannavino is an ex-IBMer with high rank
position at IBM. If he steps in as an Apple's CEO, the pro is a
better connection with IBM, but the con is worse relationship with
Microsoft as opposed to Job's.
Well, it is quite clear that Jobs has been doing an excellent job for
Apple so far and will continue to be an excellent CEO. Besides,
most of key positions at Apple are from NeXT. Therefore, who can
replace his current position at Apple is doubtful indeed.
Phil |
