The Times of London is reporting that Jonathan Ive, Apple’s senior vice president of product design, could be itching to cash out his Apple’s option grant from 2008 and move with his wife and two kids to the UK. If the article is accurate, Ive’s options are worth about $30 million and would ring up his net worth to around $128 million. The paper quotes a friend of the Ives as saying:
Unfortunately he is just too valuable to Apple and they told him in no uncertain terms that if he headed back to England he would not be able to sustain his position with them … It’s a shame. We hardly ever see anyone at the house.
An Apple spokesperson wouldn’t comment on the option grant part of the story and deemed Jonathan Ive’s desire to move to England as “speculation.” More →