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business9h ago
Tim Cook could step down as Apple CEO next year
- Tim Cook could step down as Apple CEO as early as next year, per Financial Times.
- Apple’s board has started a serious succession plan to identify a successor.
- John Ternus is considered the frontrunner for the CEO position.
- Cook, who turned 65 recently, has led Apple for 14 years and overseen significant shifts.
- Cook is associated with outsourcing manufacturing and scale.
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