CEO John Ternus is making changes to Apple’s leadership, he reports Bloomberg. Apple veteran Steve Smith will lead mergers, acquisitions and business development, previously led by Adrian Perica. M&A is a major team at Apple, handling acquisitions and deals like the deal Apple had with OpenAI to add ChatGPT to Siri.
Perica will remain at Apple to oversee iCloud, Fitness+ and Apple News, which he has done since 2023, and will now report to App Store and services chief Eddy Cue. While Perica reported to Tim Cook in his M&A role, Smith will report to Apple CFO Kevan Parekh while M&A will return to the finance division.
Carson Oliver was promoted to vice president of the App Store and has been head of the App Store since Phil Schiller stepped down from his role as head of the App Store at the end of August. Oliver reports to Cue, which now oversees the App Store and other services.
Second BloombergCue is evaluating potential successors and Perica is the leading candidate. Apple Music leader Oliver Schusser is also in the running.
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