The Financial News

The Financial News

Apple’s leadership shakeup as John Ternus prepares to be CEO


CNBC’s MacKenzie Sigalos reports that Apple’s Phil Schiller is stepping back from his longtime App Store leadership role.

Apple communicated the move internally in mid-August, with sources describing it as a long-planned transition that had been in the works for some time. John Ternus is set to begin his role as CEO on Tuesday.


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