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ANOTHER EXIT AT APPLE...

IT'S SAYONARA FOR ANOTHER longtime Apple Computer exec. On Sept. 3, Edward Stead, general counsel and corporate secretary, left, saying he needed a change after serving three CEOs in eight years. ``This place is a meat grinder, and it takes its toll,'' he says. Some would say the same of Stead, a hard-nosed cost-cutter. Critics question his handling of Apple's failed legal battle to prove that Microsoft and Hewlett-Packard stole the ``look and feel'' of Mac software. Others say Stead's main problem was his staunch support of ousted former CEO Michael Spindler. Not so, says Stead. ``This has nothing to do with that stuff. It's just a personal decision.''

EDITED BY THANE PETERSON


Updated June 14, 1997 by bwwebmaster
Copyright 1996, by The McGraw-Hill Companies Inc. All rights reserved.
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