financial Times The report says that Apple has intensified preparations to hand over the role of CEO to Tim Cook. here are the details.
Apple steps up Tim Cook’s succession efforts
Apple’s board and senior executives have “recently accelerated” succession planning for the company’s top roles, according to the FT’s sources.
foot further adding that although Apple’s senior vice president of hardware engineering, John Ternes, is most likely to take over the reins of the company, “no final decision has been made”.
Although the report does not mention why Apple is accelerating its succession efforts, it notes that the move is not linked to the company’s performance:
“People close to Apple say the long-planned change has nothing to do with the company’s current performance, ahead of what is expected to be a blockbuster year-end iPhone sales period.
,
The company is unlikely to name a new CEO before its next earnings report in late January, which includes a significant vacation period.
His sources also warned that “although preparations have intensified, the timing of any announcement may change”.
The report comes just hours after former Chief Operating Officer Jeff Williams spent his last day at Apple following his retirement announcement in July.
Williams handed over operational leadership to Sabih Khan earlier this year, and his remaining responsibilities were recently redistributed among other top executives, Turnus among them.
Apple also recently underwent a CFO change, with longtime finance chief Luca Maestri stepping down and handing the role to Kevan Parekh, who previously served as the company’s vice president of financial planning and analysis.
Accessory Deals on Amazon
FTC: We use auto affiliate links that generate income. More.
