Tim Cook's reign as Apple CEO could be coming to an end next year, according to reports from the Financial Times. The company has started to seriously plan for a succession, with John Ternus, senior vice-president of hardware engineering, considered the frontrunner for the top spot.
As the 65-year-old Cook celebrates 14 years in the role, there's been speculation about his future at Apple. The news comes on the heels of Jeff Williams' retirement as COO, whose departure has led to some executive shuffling. Services chief Eddy Cue and software engineer Craig Federighi have both taken on expanded roles.
While it's unlikely that someone from outside Apple will take over, Cook has previously emphasized the importance of internal candidates for the job. The company is said to have "very detailed succession plans" in place, which suggests a level of preparation.
The future of Apple's leadership is uncertain, but one thing is clear: whoever takes the reins will need to navigate the complexities of a rapidly changing technology landscape and maintain the company's commitment to innovation and growth.
As the 65-year-old Cook celebrates 14 years in the role, there's been speculation about his future at Apple. The news comes on the heels of Jeff Williams' retirement as COO, whose departure has led to some executive shuffling. Services chief Eddy Cue and software engineer Craig Federighi have both taken on expanded roles.
While it's unlikely that someone from outside Apple will take over, Cook has previously emphasized the importance of internal candidates for the job. The company is said to have "very detailed succession plans" in place, which suggests a level of preparation.
The future of Apple's leadership is uncertain, but one thing is clear: whoever takes the reins will need to navigate the complexities of a rapidly changing technology landscape and maintain the company's commitment to innovation and growth.