Wednesday, January 6, 2010

Daniel Cooperman Was Bought Out Because APPLE needed D. Bruce Sewell to fight NOKIA and Other Pressing Complaints.

What ever it Cost to buy out Daniel Cooperman you can be sure it was Worth It.

Obviously this is speculation on my part, however, Come on, What else Could it be

Mark My Words it was Not without a HUGE back Story on Why Bruce Sewell Left Intel Corp, What Motivated his Leave, Who had to Sign off on him Leaving, Who had to pay of Daniel Cooperman To Give his Job to D. Bruce Sewell and Just What Bruce Sewell Was bringing to APPLE that they wanted so Bad.

D. Bruce Sewell Knows his Way AROUND Anti-Trust Laws - Durward Bruce Sewell Certainly knows how to shut up those Pesky Inventors and Keep them from having ANY rights or Revenue from What they invented, and who knows what other "Connections" - "Cover Ups" and "Perks" D. Bruce Sewell brings to APPLE.

Maybe it is FCC, SEC, or FTC Connections that D. Bruce Sewell Brings to the APPLE Table, Whatever it Is, I Hope it Was REALLY worth it to APPLE and their Reputation.


$$$$$$

" Intel's Sewell Replaces Cooperman as Apple GC
Zusha Elinson
The Recorder
September 16, 2009

Steve Jobs has shown great staying power.

The general counsel who have served him lately have not.

On Tuesday, Apple Inc. said that its top lawyer, Daniel Cooperman, is retiring after two years on the job. At the same time, the company announced that it's hired D. Bruce Sewell, who stepped down as Intel Corp. GC on Monday.

"We are thrilled to have Bruce Sewell join our executive team, and wish Dan a very happy retirement," said Jobs in a press release.

"With Bruce's extensive experience in litigation, securities and intellectual property, we expect this to be a seamless transition."

The timing of Cooperman's retirement, at the end of this month, is unusual. He is 58 and he is potentially leaving about $17.5 million worth of unvested restricted Apple stock on the table.

Cooperman was granted 133,000 shares of Apple restricted stock on Nov. 1, 2007, after he was personally recruited by Jobs to replace the short-tenured Donald Rosenberg as GC.

Cooperman's stock grant was scheduled to vest over four years and he got the first quarter last fall, worth about $5.8 million at the current $175-a-share value.

The next quarter of the grant was scheduled to
vest on Nov. 1, six weeks from now.

Last year, the company gave Cooperman 60,000 shares that would vest in 2012.

Neither Apple nor Cooperman would say if the company had agreed to give him the stock early.
In an e-mail, Cooperman said he is looking forward to his free time after spending 11 years as the GC of Oracle Corp. and two at Apple.

"It is not often that we get to pursue our dreams," Daniel Cooperman wrote. "After 13 consecutive years in the GC role at two major Valley companies, with virtually no time to myself, I am looking forward to pursuing some other interests: community service, board and advisory roles, consulting, teaching, maybe even taking up golf. But it will be at my own pace, and on my own time."

Cooperman's predecessor, Rosenberg, lasted just 10 months on the job.

An East Coast lawyer from IBM Corp., Rosenberg had been brought on to shine up Apple's image after a stock option backdating scandal landed then-general counsel Nancy Heinen in hot water with the government.

Heinen was charged by the SEC and ultimately settled for $2.2 million. She had lasted nearly 10 years as GC under Jobs.

When Daniel Cooperman was hired, he was seen as a Valley guy who could handle Jobs' strong-willed personality, since he'd previously worked under Oracle CEO Larry Ellison. And most thought he'd be a better fit than Rosenberg, a Silicon Valley outsider.

During his tenure, Daniel Cooperman shaped up Apple's legal department. He hired Charles Charnas from Hewlett-Packard Co. to head up the corporate department, a position that had not been filled for years. He also instituted a preferred provider program where the company whittled down the number of outside law firms it uses.

"I leave Apple with great pride in the talented men and women who staff the Apple Legal Department," Daniel Cooperman wrote. "They have been marvelous colleagues. And, of course, I wish Bruce Sewell the best of luck in his new role."

D. Bruce Sewell will have his hands full.

The company is currently under scrutiny for its public disclosures of Jobs' ailing health.

The company initially downplayed the CEO's health problems last winter, but soon after announced that Jobs would take a six-month leave of absence.

Jobs received a liver transplant. Because investors believe that Jobs is so important to the success of the company, the SEC has reportedly opened an informal investigation into the adequacy of Apple's disclosures.

Apple is also facing an FCC inquiry into why the company rejected a Google software application for the iPhone that allows users to make cheap calls over the Internet. The company also has the usual mix of litigation facing tech companies, like patent infringement and product liability lawsuits.

D. Bruce Sewell , 50, was general counsel at Intel for the past five years.

A litigator by trade, he joined Intel in 1995. He's an old hand with antitrust issues, as one of his primary tasks at the chip company was to fight accusations brought by competitor Advanced Micro Devices Inc.

The European Commission fined Intel a record $1.45 billion for unfairly squashing competition earlier this year.

Intel announced that Sewell was leaving Monday amid a management shakeup. Tuesday's announcement that he would be taking Apple's top spot and Cooperman would be retiring caught the San Francisco Bay Area legal community off guard.

"This is a surprise and we are not going to know the truth of this for a while," said Martha Africa, an in-house recruiter with Major, Lindsey & Africa who was not involved in the deal. "One can speculate why this musical chairs is going on. But what is clear again is that the Valley is again valuing Valley insiders."

Apple did not respond to questions sent via e-mail and Daniel Cooperman didn't respond to questions about the circumstances surrounding his decision to leave.

Links to Read Full Article Above and for More on This...
http://www.law.com/jsp/article.jsp?id=1202433833262
Daniel Cooperman, Bruce Sewell
So Google was going to Work With APPLE on the iPhone and Now Google has it's own Phone... hmmmm... Not Fair Play over there at Apple no Wonder they needed Bruce Sewell.

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