Apple's VP of EMEA ResignsVW Staff
The French newspaper, Le Figaro, is reporting that Apple Inc. (NASDAQ:AAPL)’s Pascal Cagni, vice president of operations in Europe, the Middle East and Africa, has resigned from the company as of Wednesday.
The outlet announced the news on Thursday. The reason for his departure is apparently unknown.
Cagni joined the company is 2000 as its vice president of Europe, according to a press release, after being handpicked by former CEO Steve Jobs. During his tenure at Apple, he oversaw sales of the company’s products in a region that included hundreds of countries.
According to Apple Insider, EMEA regional sales almost reached 28 billion euros last year with Cagni at the helm. He also helped launched Apple’s retail stores in Europe and supposedly assisted in iPhone, iPod, and App Store development.
Before his Apple tenure, Cagni worked at Packard Bell Europe as its vice president of consumer products. He also had stints in management at Compaq Computer and Software Publishing Corporation.
Cagni has an M.A. in Law from the Institut d’Etudes Politiques in Paris and an M.B.A. from Institut Superieur des Affaires. According to Le Figaro, he is also a graduate of HEC and Sciences Po He; he is a previous member of the Ernst & Young Europe advisory board and the Council of Foreign Trade of France in the United Kingdom.
Cagni currently serves as a non-executive director for Kingfisher.
Neither Apple nor Cagni have confirmed the news of his departure. His LinkedIn profile still lists Apple as his employer.
Cagni’s alleged departure comes after Apple’s Ron Johnson his left position as head of retail less than a year ago; he took over as J.C. Penney’s president and CEO.
While Apple’s CEO Tim Cook appears to be keeping the company on track and even implementing some change to it, is Cagni just one of many executives who will start leaving under the new skipper?
Apple Inc. (NASDAQ:AAPL)’s stock is currently down 1.17 percent to $563.60.