John Sculley

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John Sculley III (born April 6, 1939) is an American businessman, entrepreneur, and investor in high-tech startups. Sculley was vice-president (1970–1977) and president of PepsiCo (1977–1983), until he became chief executive officer (CEO) of Apple Inc. in April 1983, a position he held until October 1993. In 1987, Sculley was named Silicon Valley's top-paid executive, with an annual salary of US$10.2 million. During Sculley's tenure at Apple, the company's sales increased tenfold from $800 million to $8 billion, while the period between 1989 and 1991 was regarded as the "first golden age" of Macintosh. Some attribute his success to the fact that he joined the company just when co-founders Steve Jobs's visions and Steve Wozniak's creations had become highly lucrative. Jobs and Sculley "clashed over management styles and priorities, Jobs focusing on future innovation and Sculley more on current product lines and profitability". Sculley won a power struggle leading to Jobs's ousting, and...

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