Tim Cook Might Not Fully Retire After Stepping Down as Apple CEO — Here’s Why

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On Friday, the Financial Times reported that Apple is preparing for Tim Cook to step down as CEO as soon as next year, but he might not fully retire. Instead, it is possible that he will become the next chairman of Apple’s board of directors.

Tim Cook MacBook
Apple’s current chairman is Arthur D. Levinson, who turned 75 on March 31. Apple has a policy that states that its directors generally may not stand for re-election after age 75, so Levinson has reached that age limit ahead of Apple’s next shareholder meeting,…



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Tim Cook Might Not Fully Retire After Stepping Down as Apple CEO — Here’s Why


On Friday, the Financial Times reported that Apple is preparing for Tim Cook to step down as CEO as soon as next year, but he might not fully retire. Instead, it is possible that he will become the next chairman of Apple’s board of directors.

Tim Cook MacBook
Apple’s current chairman is Arthur D. Levinson, who turned 75 on March 31. Apple has a policy that states that its directors generally may not stand for re-election after age 75, so Levinson has reached that age limit ahead of Apple’s next shareholder meeting,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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