Apple Inc., known for its stability at the top, is facing a new challenge: an unprecedented level of turnover in its executive ranks.
Over a stretch that began in the second half of 2022, Apple has lost about a dozen high-ranking executives.
Over a stretch that began in the second half of 2022, Apple has lost about a dozen high-ranking executives.
Most of these people carried the title of vice president, which is just below the senior vice president level that reports to Chief Executive Officer Tim Cook.
Vice presidents overseeing such fields as industrial design, the online store, information systems, Apple’s cloud efforts, aspects of hardware and software engineering, sales in emerging markets.
Most of the recent departures were of Apple veterans, people who have been at the company 15-plus years.
The lower ranks could be ripe for turnover as well. People within Apple believe that some executives at the director and senior director levels also are considering stepping down.
The pace of departures may stem in part from the growing burden of responsibilities placed on managers.