Apple Intensifies Succession Planning for CEO Tim Cook, Potential 2025 Transition
By
achow
Crackles when you bite it. Shows the baker did the work.
Summary
The Financial Times reports that Apple has intensified succession planning for CEO Tim Cook, who could step down as soon as next year. While no final decisions have been made, Senior VP of Hardware Engineering John Ternus is considered the most likely successor. The report indicates Apple's board and senior executives have accelerated preparations for the leadership transition.
Key quotes
· 4 pulledApple has stepped up its preparations for the handover of the CEO role from Tim Cook
Apple's board and senior executives have 'recently intensified' the company's succession planning for its top role
Apple's Senior VP of Hardware Engineering, John Ternus, is the most likely to take the reins of the company
no final decisions have been made
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