Apple CEO Cook not leaving, but shake-up looms, Bloomberg says

While Apple (AAPL) CEO Tim Cook will be staying put for the foreseeable future, the departure of the company’s chief operating officers marks the beginning of a broader management overhaul, Mark Gurman of Bloomberg reports. Not only does the board not feel the need to make a change, but Cook also does not have an immediate successor ready to take the helm. Meanwhile, almost half of Cook’s about 20 direct reports are at least 60 and could depart within the next few years. When adding the pending exits, and continued uncertainty around AI leader John Giannandrea, Apple will likely experience its largest leadership turnover in decades.