Tim Cook has been Apple’s CEO since August 2011, when the difficult task of happening to Steve Jobs, the legendary co -founder and former CEO of the company. During the last 14 years, Apple has experienced significant transformations under its leadership, reaching a stock assessment of almost 4 billion dollars.
Many experts in the technological sector believe that their designation was a success, the perfect executive to perform the post-jobs transition that was not simple. But nothing lasts forever and Tim Cook’s retirement is near. The Executive will turn 65 next month and Apple’s board of directors could already be considering its possible successoraccording to Bloomberg editor and Apple specialist Mark Gurman.
Tim Cook’s retirement
John Ternus, current senior vice president of Apple hardware engineering, is, as reported, The main candidate to replace cook. For several reasons, especially for its solid technical training and, as director of Hardware Engineering, for its work in the development of products.
According to Gurman, “Apple probably probably need more a technologist than a commercial or an operations executive”. Since Apple has faced several deficiencies in areas such as generative AI and mixed reality, it is more likely that the company’s board of directors will favor a leader with experience in hardware and engineering:
«Apple has been very successful designing its own chips, but the company has stumbled into areas such as mixed reality, generative AI, smart home and autonomous vehicles. This could lead to the Board of Directors to conclude that a product engineering leader like Ternus is the solution, although he is not known internally as someone looking for great bets ».
The second determining factor is age. Many of Apple’s senior executives are over 60 years old and approach retirement. However, at 50 years, Ternus still has potential to lead Apple for at least The next decade. According to Gurman, Apple’s marketing and public relations teams are already promoting John Ternus seeking greater public visibility. «Those who are close to the company do not hesitate that Ternus will end up being executive director»he says.
Noting that in the last Apple event, Ternus was responsible for presenting the iPhone Air, one of the company’s key products and the next generation of Apple smart mobiles, the devices that report more income. He will continue: Tim Cook’s retirement is ‘state of state’ in the firm of Cupertino.