Apple has already made retirement-related announcements about Luca Maestri and Jeff Williams in the last 12 months.
Photo Credit: Reuters
A couple of more departures are reportedly expected in the near future
Apple might soon suffer from a senior management problem. As per a report, the Cupertino-based tech giant could see a senior executive depart from their position next year. This reported departure will come after Apple's former Chief Financial Officer, Luca Maestri and former Chief Operating Officer Jeff Williams both announced their retirement within the previous 12 months. The report also mentions that further exits are also possible in the years to come. It would be important for the company to handle not only these multiple transitions but also to find the right successor to continue Apple's growth.
Bloomberg's Mark Gurman stated in the “Power On” newsletter that Apple will witness “at least” one more major exit next year or earlier. “I am hearing pretty explicitly that there are more departures set to come from the most senior levels of Apple,” he added. The report does not disclose any of the names of the individuals who are expected to leave the company.
These reported exits will add to the company's departing CFO and COO. In August 2024, Apple announced Maestri's retirement and announced Kevan Parekh as his successor. Then, in July 2025, Sabih Khan was announced as the replacement of Williams, who was retiring at the end of the year.
Gurman claimed that Apple has a “pipeline of senior executives waiting out their retirements” because the company wants to space out their departures. This is likely the iPhone maker's succession strategy for an ageing senior management. Interestingly, despite leaving their role, both Maestri and Williams are currently staying in a limited capacity, seeing out the transition. Both executives are expected to keep working till they retire.
While senior members of an organisation retiring is not a big deal, Apple's main struggle is that all the senior staff of the company are nearing retirement age. As such, the company stands to lose the larger vision and strategy if the succeeding staff cannot align themselves with the project and continue with it. With the company focusing on major long-term projects, such as Apple Intelligence, non-humanoid robotics, and entry into the home security category, mismanagement of exits can be very costly.
For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.