In a significant shake-up, Apple is reportedly planning to hand over the reins of its CEO position as early as next year. According to reports from the Financial Times, a succession plan has been underway for some time now and John Ternus, Senior Vice-President of Hardware Engineering, is being touted as the front-runner to take on the role.
Since taking the helm in 2011, Tim Cook has overseen the company's remarkable growth and transformation. However, his tenure has also seen its fair share of controversies, including the shift towards outsourcing manufacturing, which has enabled Apple to scale up its operations significantly.
The news comes amidst the departure of longtime COO Jeff Williams, who retired on Friday, sparking a series of shuffling responsibilities among top executives. Services Chief Eddy Cue, Software Engineering head Craig Federighi, and Ternus have seen their roles expanded in light of this change.
It's worth noting that Cook has previously emphasized the importance of internal candidates for the CEO position, with "very detailed succession plans" reportedly in place. This suggests that someone from within Apple is likely to take over as CEO, rather than an external candidate.
While Ternus appears to be the most likely candidate at this point, it's unclear whether he will ultimately succeed Cook or if other contenders could emerge in the coming months. One thing is certain, however: the future of Apple is looking increasingly uncertain, and its leadership landscape will likely undergo significant changes in the near future.
Since taking the helm in 2011, Tim Cook has overseen the company's remarkable growth and transformation. However, his tenure has also seen its fair share of controversies, including the shift towards outsourcing manufacturing, which has enabled Apple to scale up its operations significantly.
The news comes amidst the departure of longtime COO Jeff Williams, who retired on Friday, sparking a series of shuffling responsibilities among top executives. Services Chief Eddy Cue, Software Engineering head Craig Federighi, and Ternus have seen their roles expanded in light of this change.
It's worth noting that Cook has previously emphasized the importance of internal candidates for the CEO position, with "very detailed succession plans" reportedly in place. This suggests that someone from within Apple is likely to take over as CEO, rather than an external candidate.
While Ternus appears to be the most likely candidate at this point, it's unclear whether he will ultimately succeed Cook or if other contenders could emerge in the coming months. One thing is certain, however: the future of Apple is looking increasingly uncertain, and its leadership landscape will likely undergo significant changes in the near future.