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Who could succeed Tim Cook? Apple CEO’s succession plans

Apple and its CEO Tim Cook continue to attract attention from around the world. With an estimated value that exceeds 1 billion dollars, Cook, at 63, could retire at any time, but his dedication to the company seems as strong as the first day he took over 12 years ago. —He was appointed CEO in 2011—.

In August of that same year, when he took over as CEO, Apple’s stock price was below $13; today it is more than 14 times higher, reaching $191.45, with an increase of 53% in the last year alone.

Now, in a 45-minute interview for BBC Sounds’ Dua Lipa: At Your Service podcast hosted by singer Dua Lipa, Cook admitted that he doesn’t know how long he’ll stay at Apple.

Tim Cook shared his love for his work at Apple, stating, “I love being there. I can’t imagine my life without being there, so I’ll be there for a while.” Although he didn’t mention possible successors, he noted that Apple’s future leader will likely emerge from within the company itself. highlighting the importance of preparing several for the role and allowing the board of directors to choose.

Dua Lipa: “Can you tell who is in the line of succession?”

“We are a company that believes in working on succession plans, so we have very detailed succession plans,” he explains. “As something unpredictable can always happen, I may take the wrong path tomorrow; I pray that doesn’t happen.”

Despite his reluctance to specify an exact date to say goodbyeCook makes it clear that his intention is to stay at Apple for a whilethus giving continuity and stability to the company that he has led for a quarter of a century, since before becoming CEO, he landed at Apple in 1998 as vice president of Global Operations.

He expressed that he feels very privileged to lead a team of more than 160,000 people at Apple. Although the shadow of Steve Jobs, the original co-founder, is omnipresent, Cook sees him not as a burden but as an ongoing inspiration.

In his own words, “Steve was an original. I think only Steve could have created Apple, and we owe him a debt of gratitude. I have no doubt that if he were still alive today, the company would be doing great and he would still be doing it.” being the CEO.”

In the interview with Dua Lipa, he not only shared his vision about the future of Apple, but He also delved deeply into his humble beginnings in a working-class family in Alabama.. From Apple’s environmental sustainability efforts to its perspective on collaboration, philanthropy, and the ethical challenges of artificial intelligence, the conversation couldn’t touch on more topics.

During his 25 years at Apple, Tim Cook has left an indelible mark on the success of the company, which has reached a valuation of around $3 trillion under his leadership. The transition to new leadership, when it occurs, is expected to be smooth, with Cook working diligently to ensure an effective succession that keeps Apple at the top of the technology industry.

With all this, it seems that the future of Apple under the leadership of Tim Cook would be in good hands, with succession plans carefully prepared and vetted to choose the right person and a continued commitment to excellence and innovation that has been seen with the latest iPhone 15 and with all the new features that are coming for 2024 onwards.

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