OWNApple arranged a cooking event afterward. According to revelations from Financial TimesApple has reportedly intensified its succession operations in recent weeks, while Tim Cook may leave the company as early as next year. Several people familiar with the council’s deliberations described the preparation phase as “significantly accelerated,” indicating that the transition, long in the making, had reached its final stages.
Tim Cook, 65, took over in 2011, months before Steve Jobs’ death. Under his leadership, Apple’s valuation increased more than tenfold, from $350 billion to $4 trillion. Although the stock is now near its peak, its growth, about 12% this year, still lags that of rivals driven by euphoria around artificial intelligence.
This possible transition occurs in an already volatile internal climate. Luca Maestri is leaving his post as CFO, while Jeff Williams, long considered the natural successor, is retiring from his role as COO, as Gizmodo recalls. Tim Cook, loyal to the traditions of the house, retained the idea of internal succession and recalled that Apple has a “very detailed succession plan”. “I love working there and I can’t imagine my life anywhere else, so I will stay there for a while,” he assured again at the end of 2023.
John Ternus, a rising favourite
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In this context, attention is drawn to John Ternus, 51, the youngest member of the management team and the incarnation of a rising generation. Joining Apple in 2001, he spent most of his career there, twenty-four years in a methodical climb, until today he manages the group’s hardware engineering: iPhones, iPads, Macs, AirPods and other tech icons.
Vice president of hardware engineering, he works on almost all the objects that make up the brand’s aura. Described internally as “likable and charismatic,” Ternus saw his exposure to the public increase. Last September, he presented the iPhone 17 Air during a keynote, a sign that Apple is methodically preparing its future face.
At a time when the company is struggling to open new technological horizons and regain initiative in AI, his appointment will place an engineer experienced in innovation, loyal to the company and responsible for measurable updates. There are still many unknowns: when Apple will decide to take the plunge.
