Jimmy Iovine says he’s not leaving Apple

TechCrunch | 1/10/2018 | Megan Rose Dickey
dewbydewby (Posted by) Level 4
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Last week, Billboard reported Jimmy Iovine, the person who sold Beats to Apple in 2014, was set to leave Apple in August. Well, Iovine says that’s not true, Variety reports.

In a conversation with Variety, Iovine noted that there’s more Apple Music and Beats would like to do, saying he’s “committed to doing whatever Eddy [Cue], Tim [Cook] and Apple” need him to do to “take this all the way.” He added, “I am in the band.”

Speculation - Billboard - August - Departure - Iovine

There was some speculation, per Billboard, that an August departure would have been timed with Iovine’s shares fully vesting. But Iovine said his “stock vested a long time ago.” He later elaborated in an interview following a screening of “The Defiant One” that “there is a tiny portion of stock that vests in August, but that’s not what...
(Excerpt) Read more at: TechCrunch
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