Tim Cook could step down as Apple CEO 'as soon as next year
7 days ago
- #CEO Succession
- #Apple
- #Tim Cook
- Apple has intensified succession planning for CEO Tim Cook's replacement.
- John Ternus, Senior VP of Hardware Engineering, is the leading candidate, but no final decision has been made.
- The succession planning is not linked to Apple's current performance.
- A new CEO announcement is unlikely before Apple's late January earnings report.
- Former COO Jeff Williams recently retired, with responsibilities redistributed among top executives, including Ternus.
- Apple also recently transitioned its CFO role from Luca Maestri to Kevan Parekh.
- Tim Cook's leadership transformed Apple into a tech giant, with Apple Silicon being a major achievement.
- Challenges for the next CEO include Apple's dependency on China and its AI strategy.