What Happened on February 2nd

Amelio Replaces Spindler as CEO of Apple

Gil Amelio is named CEO of Apple Computer, replacing Michael Spindler, whose management of the company in the previous three years had led to the layoff of 1,300 employees and severe financial losses. Amelio lasted about a year and a half in the position before leaving. Co-founder Steve Jobs replaced him and led Apple back into profitability with its iMac and G3 machines.