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John Ternus’s first day as Apple CEO: Here’s the latest

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Why This Matters

John Ternus's appointment as Apple's new CEO marks a significant leadership shift, potentially signaling more aggressive acquisition strategies and changes in executive management. These developments could influence Apple's future growth trajectory and operational focus, impacting both the tech industry and consumers. The restructuring of executive roles suggests a move toward a more dynamic and possibly more aggressive corporate strategy.

Key Takeaways

Today is John Ternus’s first day as Apple CEO. A new Bloomberg report has more details on other executive changes, plus tidbits on changes Ternus might make.

Luca Maestri

Bloomberg reports that Luca Maestri is stepping down as Apple’s “Corporate Services” leader. Maestri served as Apple CFO until January 2025, when he stepped down to take on a smaller role. As head of Corporate Services, Maestri oversaw information systems and technology, information security, and real estate and development.

According to today’s report, Maestri left that job “in recent weeks.” He is, however, still on Apple’s payroll. His only remaining responsibility is “hosting a popular class at Apple University, an in-house program for teaching Apple’s ways to rising executives and employees.”

Bloomberg says that Maestri’s Corporate Services tasks have been shifted to CFO Kevan Parekh.

Adrian Perica

Mark Gurman points out that Apple’s new Leadership page excludes Adrian Perica, its head of mergers and acquisitions.

Apple’s new leadership page also excludes Adrian Perica, the company’s head of mergers and acquisitions. It remains unclear where he will shift within Apple. Bloomberg reported on Sunday that he would likely be dropped by Ternus as a direct report and could split his responsibilities across Apple’s services and finance teams.

It’s possible this signals a change to Apple’s strategy for mergers and acquisitions. Some analysts expect Ternus to be more aggressive in making bigger acquisitions.

A change to how Apple manages outgoing executives

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