"Apple appears to have stepped up preparations for a future without Tim Cook as CEO. According to several US media reports, the company's top management has been working on a carefully constructed succession strategy for some time, which has now reached a decisive phase. Sources within Apple emphasize to the Financial Times that this possible change has no connection whatsoever with disappointing business results."
"Apple has been looking at internal candidates for top leadership positions for some time. The name that is currently being mentioned most often is that of John Ternus, senior vice president responsible for hardware engineering. In recent years, Ternus has played a major role in the development of the latest iPhones, Apple Silicon chips, and various new hardware platforms. According to insiders, his prominent position in product development would make him a logical successor to Cook."
"Although discussions about succession have gained momentum, Apple does not intend to announce the new CEO in the short term. The period around November and December is traditionally the most profitable time of the year for Apple. To avoid any distraction or unrest, management wants to finalize the crucial holiday season figures before announcing any major leadership decisions. An official announcement would only be realistic around the time of the next quarterly report at the end of January."
Apple has intensified preparations for a transition away from Tim Cook as CEO, advancing a long-planned and now decisive succession strategy that insiders say is unrelated to poor business performance. Leadership has prioritized internal candidates, with John Ternus—the senior vice president for hardware engineering and a key figure behind recent iPhones, Apple Silicon chips, and hardware platforms—emerging as the leading contender. Management intends to defer any announcement until after the critical holiday sales period to avoid market disruption, making an official change most likely around the next quarterly report at the end of January. Cook oversaw substantial company growth since 2011.
Read at Techzine Global
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