Heinen $2.2M poorer, wants to put sugar in Jobs' gas tank

randy — Fri, 15 Aug 2008 05:37:26 +0000

Remember a while back the whole backdating thing at Apple? You know, where the CFO and former general counsel, [Nancy Heinen][1], [backdated stocks in 2001][2]? Yeah, that one. I didn’t really pay much attention to it when it came out. I figure, someone making that kind of dough can handle whatever it is they dish out for themselves. Well, Heinen and SEC “settled” on an agreement that she pay some $2.2 million which includes more than $400K in interest and a $200K civil penalty. She released a statement today (through her lawyers of course).

> I cherish the great people I worked with at Apple, and am proud of my contributions to its historic turnaround and current success. With this lawsuit behind me, I look forward to addressing the greater challenges of social justice and economic disparity.
>
> From [Former Apple general counsel Heinen agrees to $2.2M backdating settlement - East Bay Business Times][cite]

Hmmm, interesting. I don’t really think she feels that amicable about the whole ordeal. I actually have a copy of the *real* statement she wanted to release before her lawyers got a hold of it.

> I loath those pretentious freaks I worked with at Apple, and am pissed that those assholes didn’t have my back after all of my contributions to its historic turnaround and current success. With this bullshit behind me, I look forward to harassing Steve in the name of social justice and wish nothing but economic disparity on his whole family. Thanks for nothing asshat!

You heard it here first…

[1]:http://en.wikipedia.org/wiki/Nancy_R._Heinen
[2]:http://bit.ly/HrPrA
[cite]:http://www.bizjournals.com/eastbay/stories/2008/08/11/daily67.html

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Heinen $2.2M poorer, wants to put sugar in Jobs' gas tank