Report: Apple's Europe chief to bid company adieu
updated 05:06 pm EDT, Thu May 24, 2012
Pascal Cagni, VP over Europe, Middle East, Africa departs
Pascal Cagni, Apple vice president for Europe, the Middle East, and Africa, is stepping down from the position, reports French newspaper Le Figaro. Cagni, who has been with Apple since 2000, is said to have tendered his resignation yesterday. Cagni steps down in the midst of a successful stretch, as Gartner recently reported that Apple's European sales were up 20 percent year-over-year by the end of 2011.
A graduate of HEC et Sciences Po He, Cagni obtained an M.A. in Law at Institute d'Etudes Politiques and an M.B.A. from Institut Superieur des Affaires. Before coming to Apple, Cagni was a member of the advisory board for Ernst & Young Europe and of the Trade Commission of France in the UK. Cagni was directly recruited by Apple co-founder Steve jobs in 2000, and oversaw Apple's operations across hundreds of countries in his 12 years in the position.
During Cagni's tenure, Apple's revenues in Europe grew from $1 billion to more than $19 billion. Currently, Cagni's LinkedIn profile still lists him as an employee of Apple. Apple has yet to confirm or comment upon Cagni's abrupt departure.
