Is every single executive leaving Apple except Cook? What's happening? Do they know something we don't know? This is very concerning. This news is starting to spread into mainstream media as well.
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Apple General Counsel Kate Adams and Environment Chief Lisa Jackson Retiring in 2026
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OMG! Two out of approximately 100,000 or so non-retail Apple employees (0.002%) have decided to retire.
The sky is falling, the sky is falling! How will Apple ever survive?
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Well, I’d say that AI could replace them….but Apple doesn't have any. 🥴
2 executives, both in their early 60s, both making 7 digit salaries, both having a good amount of shares ...
Geez people, retirement is a good thing to do ...
well, when exec leaders retire, it's a bit different, but, this has been in the planning for quite some time I'm sure as you can tell by the successor's timeline, the current Meta Chief legal officer ...
There are a few more exec leaders in their early 60s as I mentioned in a previous post, succession planning is going on with those guys too at this point.
And, just as an aside, you forgot to mention that Apple is doomed
Everyone who hits 50 is eyeballing retirement some day. Always on the back of their mind.
The head scratcher is why Cook still hanging around.
The head scratcher is why Cook still hanging around.
Kind of bizarre how Apple and Facebook keep swapping employees like it’s trading players during a baseball game.
Then hope they bring back Scott Forstall. That will be all kinds of Chaos.
There are two possibilities. One is that the board wants a wholesale change at Apple because they’re unhappy. The other possibility is that all of them joined at roughly the same time and are all hitting retirement age. There are executives who don’t want to stay forever and actually want to enjoy retirement.
It’s quite possible Tim Cook may be on his way out if it’s possibility #1. They want to flush out all the lower executives first before waiting a while to announce Cook’s retirement. To do that first and then having the executives leave would wreck their stock price as investors see Apple as rats escaping a sinking ship. Keep in mind some of the board members have been forced into retirement, too, due to Apple’s 70 age limit. The new board members may be demanding some heads roll due to the AI debacle and the huge troubles overseas.
Father Time always wins. Eventually the old guard must make way for the younger ones. I lean towards the second option just because all of them seem to be roughly the same age range. Perhaps they just feel it’s time to retire. If these soon-to-be-ex executives aren’t selling their stock, it’s probably option 2. If they are, it might be option 1.
It’s quite possible Tim Cook may be on his way out if it’s possibility #1. They want to flush out all the lower executives first before waiting a while to announce Cook’s retirement. To do that first and then having the executives leave would wreck their stock price as investors see Apple as rats escaping a sinking ship. Keep in mind some of the board members have been forced into retirement, too, due to Apple’s 70 age limit. The new board members may be demanding some heads roll due to the AI debacle and the huge troubles overseas.
Father Time always wins. Eventually the old guard must make way for the younger ones. I lean towards the second option just because all of them seem to be roughly the same age range. Perhaps they just feel it’s time to retire. If these soon-to-be-ex executives aren’t selling their stock, it’s probably option 2. If they are, it might be option 1.
Apple is supposed to have one great academy for training employees in the Apple way of doing things.
But I always ask myself, “candidates from within the culture steeped in the Apple way, should be most important at the top of the company bc this is where the culture trickles down from, so why tf aren’t they promoting from inside to all the upper echelons?”
Especially in a generic function like OGC?
If Apple can’t promote a current employee into the OGC position, then they aren’t hiring right, training right, and/or developing right.
That’s a huge management and corporate cultural failure.
But I always ask myself, “candidates from within the culture steeped in the Apple way, should be most important at the top of the company bc this is where the culture trickles down from, so why tf aren’t they promoting from inside to all the upper echelons?”
Especially in a generic function like OGC?
If Apple can’t promote a current employee into the OGC position, then they aren’t hiring right, training right, and/or developing right.
That’s a huge management and corporate cultural failure.
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Is this the work of the rumored new CEO? It's not a coincidence that they're all leaving in 2026
I endorse this.
Successor is placing the team in the chairs now and Tim will mentor for 1/2 year, then new guy drops in to run his self picked team.
This is excellent continuity of management despite the necessity of age demanded turnover.
True. I retired at age 50. I can definitely appreciate some of these executives wanting to ride off into the sunset to enjoy their golden years.
If Cook retires now along with all the other executives, it may cause a panic and a sell off of Apple stock. They’ll probably wait another year or so for Cook to announce his retirement. They’re all getting old. John Ternus is a relatively young guy (51), which could be why he’s being rumored to be the new CEO. Plus the hardware division has been doing quite well. So has Johny Srouji’s chip designing division, but he’s older (61) and might be close to retirement himself.
Some people really seem to want to keep working. I personally like retirement, but some of my colleagues are still going in to work on a daily basis.
Looks like Meta hires them from Apple and Apple hires them from Meta.
Looks like Tim’s been using ChatGPT to make all his statements recently regarding the cleaning out of Apples house. It doesn’t even sound like him.
A recent post here from MacRumors says such is already happening with the iPhone air's resell value plummeting down to the underworld.
This is a likely scenario. Much better to step aside and retire on your own terms than take your chances in a major c-suite shakeup.
Not every SVP, even those who are standouts in their silos, are qualified to run a complete company.
Jack Welch of GE proved this with his stupid management development organization and successor selection strategy.
Welch’s strategic investment bets (which depended on very cheap capital, and seemingly fraudulent bookkeeping to goose results and share price) and successor bet (Jeff Immelt) led to the company barely surviving bankruptcy, portfolio sell offs to free up capital, and splitting itself up to the point of being a shadow of itself.
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Finances aside, the trick is having family commitments, or many side interests, or at least not getting bored doing nothing.
Except it's not just 2. Have you not been following the news of the exodus of many of their senior executives over the last few months?
Would be the absolute best thing that could happen to Apple. Tim knew his time was limited as Forstall was supposed to take over within a few years when he was ready. Tim couldn’t allow that to happen as Mr Crook’s greed is next level. Power and greed corrupt completely.