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Apple’s next CEO?

Mark Gurman at Bloomberg <noreply@news.bloomberg.com>

October 5, 12:00 pm

Power On
Also: Apple shelves the Vision Air.
Bloomberg
by Mark Gurman

Hey everyone, it’s Mark. Apple is intensifying the spotlight on hardware chief John Ternus as executive succession looms. Also: The company shelves the “Vision Air” to focus on glasses, but updates of the Vision Pro and iPad Pro are imminent.

Last week in Power On: Apple’s ChatGPT-style chatbot deserves a public release

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The Starters

John Ternus, senior vice president of hardware engineering at Apple. Photographer: Christoph Dernbach/picture alliance/Getty Images

For a company of its size, Apple Inc. has maintained a remarkably stable C-suite over the past decade.

There have been notable departures — including design boss Jony Ive and retail head Angela Ahrendts in 2019 — but Chief Executive Officer Tim Cook has largely persuaded key executives to delay retirement.

Phil Schiller, for example, stepped down as Apple’s top marketing executive in 2020 but continues to oversee...

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