Apple Is Reportedly Getting Ready To Replace Tim Cook As Early As Next Year

According to nan Financial Times, Tim Cook whitethorn beryllium fresh to time off his position arsenic soon arsenic adjacent year, and Apple's committee and elder executives person ramped up their preparations to unafraid his replacement.

Cook, who has been astatine nan helm of Apple for much than 14 years, succeeded Steve Jobs and led nan institution to a marketplace headdress of much than $4 trillion. Cook's tenure since 2011 has overseen nan preamble of hardware, including Apple Watch, AirPods and Vision Pro, but besides services for illustration Apple Arcade and Apple TV+. According to nan Financial Times's sources, Apple's elder vice president of engineering, John Ternus, will astir apt return connected nan CEO role, but this determination hasn't been finalized yet. Ternus has been pinch Apple since 2001 arsenic portion of its Product Design squad and yet stepped into a vice president domiciled wrong nan Hardware Engineering division, wherever he played a dense domiciled successful nan company's modulation to Apple silicon.

According to nan Financial Times, Apple isn't readying to denote nan caller CEO earlier its January net report. However, nan study besides noted that this announcement would travel earlier successful nan twelvemonth to let nan activity squad to modulation smoothly successful clip for each of Apple's yearly events. Earlier this year, Apple besides announced Sabih Khan arsenic nan caller main operating officer, taking complete for Jeff Williams.