A few things led to Sculley’s departure. He wanted to move back to the East Coast, and considered taking the role of CEO at IBM. He was also heavily involved in politics, supporting Bill Clinton’s presidential campaign. From the perspective of Apple’s board, he was too involved with the Newton, at a time when Apple was facing increased competition from rivals. After Sculley stepped down, the Apple CEO role was handed over to Michael Spindler, formerly the company’s COO. Sculley remained Apple chairman until October 1993, departing with a golden parachute of around $10 million.
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