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Magadh Today - Beyond Headlines > Latest News > Business > Want someone from within Apple to succeed me as CEO, says Tim Cook
Business

Want someone from within Apple to succeed me as CEO, says Tim Cook

Gulshan Kumar
Last updated: 2023/11/22 at 3:44 PM
By Gulshan Kumar 2 years ago
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In a recent interview on the BBC’s ‘Dua Lipa: At Your Service’ podcast, Apple CEO Tim Cook revealed his preference for a successor to come from within the company. Cook expressed his commitment to preparing several potential candidates for the role to ensure a smooth transition when he eventually steps down.

During the podcast, Cook stated, “I really want a person to come from within Apple, the next CEO…and so that is my role to make sure that there are several [options] for the board to pick from.” However, he remained tight-lipped about specific individuals under consideration for the coveted position.

Cook emphasized Apple’s belief in detailed succession plans, highlighting the company’s preparedness for unforeseen circumstances. He mentioned, “Now, we are a company that believes in succession plans…and so we have very detailed succession plans. This is because something that is unpredictable can always happen.”

The CEO, who took the helm in August 2011, succeeded co-founder Steve Jobs. Cook joined Apple in March 1998 and has played pivotal roles, including Chief Operating Officer, before assuming the position of CEO.

In April 2021, Cook hinted at a potential departure, stating, “10 more years with the company? Probably not… but I can tell you that I feel great right now, and the date is not in sight. But 10 more years is a long time and probably not ten more years.”

The disclosure comes as Apple navigates the future leadership landscape, ensuring a seamless transition as Cook considers the next phase of his professional journey.

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