Tim Cook joined Apple 12 years ago and is now one of the world’s most popular CEOs and the face of one of the world’s top IT businesses. Cook, on the other hand, is now 63 years old. According to the book, individuals normally retire around the age of 60. But we haven’t heard anything about Cook’s retirement until today.
However, the CEO of the tech giant recently stated that as he ages, things will get unpredictable, and that he has his own succession plans. What are Tim Cook’s ambitions, and who will be Apple’s next CEO? Let us investigate.
Tim Cook recently told singer-songwriter Dua Lipa in a BBC Sounds interview that he liked being at Apple and couldn’t fathom living without it. He even declared, “I’ll be there for a while.” This means that no new CEO will take Cook’s 12-year-old seat in the near future.
However, he was keen to point out that life rarely goes as planned, so he and his staff devised a succession plan in case something went wrong. He stated during the interview,
“We’re a company that believes in working on succession plans, so we have very detailed succession plans.” “Because something unpredictable can always happen,” he continued.
This basically indicates that Apple has planned for everything in the event of a disaster or when Tim Cook steps away as CEO. However, he did not take any names, which was something we were all hoping for. He did, however, indicate that whoever follows him will be someone who is already employed by Apple. This suggests that Eddy Cue, Apple’s senior vice president of services, Craig Federighi, senior vice president of software engineering, and Mike Fenger, Apple’s current vice president of worldwide sales, might be next in line.
“My job is to prepare several people for the ability to succeed, and I really want the person to come from within Apple,”