IBM settles; Papermaster to join Apple, report to CEO Steve Jobs on April 24
Tuesday, January 27, 2009 - 03:27 PM EDTApple today announced that Mark Papermaster will be coming to Apple as senior vice president of Devices Hardware Engineering, reporting to Apple CEO Steve Jobs, on April 24. Papermaster, who comes to Apple from IBM, will lead Apple’s iPod and iPhone hardware engineering teams. The litigation between IBM and Mark Papermaster has been resolved.
Papermaster has 25 years of product and technology experience, and was previously a vice president at IBM. He has a Bachelor of Science degree in Electrical Engineering from the University of Texas, and a Master of Science in Electrical Engineering from the University of Vermont in 1988. Papermaster is active with the University of Texas where he is a member of the Electrical and Computer Engineering Advisory Council.
Source: Apple, Inc.
IBM's press release, verbatim:
IBM announced today that it has resolved its lawsuit against former IBM employee, Mark D. Papermaster, on terms that protect IBM’s proprietary and confidential information.
After Mr. Papermaster left IBM to begin employment with Apple Inc., a federal district court granted IBM’s request for preliminary injunctive relief and ordered that Mr. Papermaster immediately cease employment with Apple Inc. pending further order of the Court.
IBM and Mr. Papermaster have now agreed on a resolution of the lawsuit under which Mr. Papermaster may not begin employment with Apple untilmApril 24, 2009, six months after leaving IBM, and will remain subject thereafter to all of his contractual and other legal duties to IBM, including the obligation not to use or disclose IBM’s confidential information. Following commencement of his employment with Apple, Mr. Papermaster will be required to certify, in July 2009 and again in October 2009, that he has complied with his legal obligations not to use or disclose IBM’s confidential or proprietary information. The preliminary injunction will be replaced by a court order under which the Court will have continuing jurisdiction over this matter, including compliance enforcement powers, until October 24, 2009, one year after Mr. Papermaster’s departure from IBM.
Source: IBM
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Yeesh... gotta love non-compete clauses, eh? All too easy to see how they could be used to keep you locked in to your current employer...