Apple Has a New M&A Chief as Ternus Reshuffles Leadership
CEO John Ternus is making changes to Apple's leadership, reports Bloomberg . Apple veteran Steve Smith will take over mergers and acquisitions and corporate development, which was previously led by Adrian Perica. M&A is an important team at Apple, handling acquisitions and arrangements like the deal Apple had with OpenAI to add ChatGPT to Siri . Perica will stay at Apple to oversee iCloud ,…
CEO John Ternus is reshuffling Apple's leadership, according to Bloomberg. Steve Smith will now lead mergers and acquisitions and corporate development, a role previously held by Adrian Perica. Smith will report to Apple CFO Kevan Parekh, while Perica will continue overseeing iCloud, Fitness+, and Apple News, areas he's managed since 2023.
Perica will now report to App Store and services lead Eddy Cue. Carson Oliver has been promoted to vice president of the App Store, taking over from Phil Schiller who stepped down recently. Oliver reports to Cue, who is currently assessing potential successors for the App Store position, with Perica seen as a potential candidate. Apple Music lead Oliver Schusser is also being considered.
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