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
Pepsi-Cola (1977–1983), until he became
chief executive officer of
Apple Inc. on April 8, 1983, a position he held until leaving in 1993. In May 1987, Sculley was named
Silicon Valley's top-paid executive, with an annual salary of US$2.2 million.