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The company's committee of directors and elder executives "recently intensified preparations for Cook to manus implicit the reins," the study said.
While the study said that Apple is improbable to sanction a caller CEO earlier its adjacent net study successful precocious January, it went connected to explicate that an announcement aboriginal successful the twelvemonth would let for a creaseless enactment transition, up of Apple's yearly developers league WWDC successful June and iPhone lawsuit successful September.
No last decisions person been made, and the timing could change, the study said.
Cook has been Apple's CEO since August 2011. He turned 65 this year, which is simply a communal property for status successful the United States, but helium has yet to publically denote immoderate plans to measurement down. Apple's Senior Vice President of Hardware Engineering, John Ternus, is wide viewed arsenic Cook's most apt successor erstwhile the clip comes.
Ternus joined Apple successful 2001. At 50, helium is 1 of Apple's younger elder executives, truthful helium could perchance person a lengthy tally arsenic CEO.
Bloomberg's Mark Gurman pushed backmost connected the report. "I don't get the consciousness thing is imminent arsenic the [Financial Times] is claiming," helium said, in a station today.
In immoderate case, the study said Apple's succession plans are not related to the company's existent performance. Apple reported record gross successful the September quarter, and the institution expects the existent December 4th to beryllium the champion 4th successful the company's history. In addition, Apple's banal terms is near its all-time high.
Tags: Financial Times, Tim Cook
This article, "Report: Tim Cook to Step Down arsenic Apple CEO 'as Soon arsenic Next Year'" archetypal appeared connected MacRumors.com
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