Tim Cook may leave Apple as soon as next year. Here's who could replace him
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Tim Cook may leave Apple as soon as next year. Here's who could replace him
"Tim Cook has led Apple for the past 14 years. In that time, the company's market cap has jumped from $348 billion to $4 trillion. While his predecessor, Steve Jobs, might have been a leader in the field of innovation, few CEOs have shown the business acumen of Cook. But according to a report in the Financial Times, Cook's run as CEO could be over as soon as next year."
"The name most commonly mentioned is John Ternus, Apple's senior vice president of hardware engineering, though reportedly no final decisions have been made yet. Ternus wasn't always the first choice. Jeff Williams was once seen as Cook's most likely successor, but he ended his operational responsibilities in July and plans to retire in the next six weeks. Craig Federighi, Apple's senior vice president of software engineering, and Greg Joswiak, senior vice president of worldwide marketing, have also been mentioned as possible successors in the past."
Tim Cook has led Apple for 14 years, growing market cap from $348 billion to $4 trillion. Reports indicate Cook could depart as soon as next year, prompting succession speculation. John Ternus, senior vice president of hardware engineering, is widely mentioned as the most likely successor. Ternus, 50, has worked at Apple nearly 24 years and has led hardware engineering since 2013, overseeing teams for iPhone, iPad, AirPods, Mac, and more. Other possible candidates included Jeff Williams, Craig Federighi, and Greg Joswiak. Product design and AI are cited as strategic priorities for the company's next phase.
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