Patrick Moorhead, the CEO of Texas-based analytics firm Moor Insights & Strategy, said in an interview with CNBC that Ternus is a “continuity candidate” and not a “risk-taking visionary.””What I’m expecting and what the streets should expect is tight operational execution, margin management, and incremental product iteration,” Moorhead said.He added,…
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Apple’s senior vice president of Hardware Engineering, John Ternus, is set to take over as the tech manufacturer’s CEO later this year after current chief executive Tim Cook announced on Monday that he would be stepping down. Cook will transition to executive chairman of the company’s board of directors. The company said the transition followed a “thoughtful, long-term succession planning process” and was unanimously approved by the board of directors.”It has been the greatest privilege…
A former Google engineer has gotten the company’s goat. Loading audio narration… And after receiving…
A bipartisan pair of senators sent a letter to the CEOs of United Airlines and…
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Red Lobster’s CEO said two years ago that he didn’t plan to revive the chain’s mega-popular $20 “endless shrimp” promotion because, as he put it, “I know how to do math.” Loading audio narration… Well, the all-you-can-eat crustacean pig-out — which was removed from the menu after it cost the…
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This is a breaking news story about Apple’s change in leadership. Please check back for updates. Apple CEO Tim Cook will step down from his role, the tech giant announced on Monday.The company named John Ternus, currently Apple’s senior vice president of hardware engineering, as Cook’s successor. “It has been…
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Tim Cook wants you to know he’ll remember your emails. Loading audio narration… The CEO, who announced on Monday he’ll be transitioning out of the top job on September 1, reflected on his time at Apple in a letter posted to the company’s website.”For the past 15 years I’ve started…
