Apple Undergoing Major Management Overhaul, But CEO Tim Cook To Stay On

Apple is undergoing its largest executive turnover in decades as several top leaders near retirement, according to Benzinga. Tim Cook’s longtime deputy, Jeff Williams, has announced plans to retire, leaving no clear successor. Cook has shown no intention of stepping down, and the board remains confident in his leadership. Apple shares are down 16% this year but have risen about 1,500% since Tim Cook became CEO in 2011.  Apple is undergoing its largest leadership turnover in decades as several top executives approach retirement. The reshuffle comes at a pivotal moment, raising concerns about succession planning, as there is no clear replacement for CEO Tim Cook in the event of an emergency. The board remains confident in Cook’s leadership, but the absence of a clear successor raises concerns about Apple’s succession planning and emergency preparedness.