Apple has announced a major change for its executive team. The company’s current CFO (Chief Financial Officer), Luca Maestri, will transition out of his role after the end of 2024.
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A new report from The Information takes a look at some of the changes that Apple’s leadership has undergone over the last few years, the company’s employee growth, and how that’s spread the executive team thinner than ever. Notably, a former Apple executive believes that the current leadership structure “doesn’t look particularly effective.”
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With the extreme competition for senior jobs at Apple, it will come as no surprise that you’re expected to work hard and put in extra hours. But according to two former managers speaking in a Debug podcast, the demands are far greater than anyone realizes when they join, with immediate responses to emails expected even in the middle of the night.
Sunday is a work night for everybody at Apple because it’s the exec meeting the next day. So you had your phone out there, you were sitting in front of your computer, it didn’t matter if your favorite show was on […] You were basically on until, like, 2 o’clock in the morning …
Leaving her role as CEO of Burberry to run Apple’s Retail and Online Stores division as senior vice president has garnered a lot of attention for Angela Ahrendts as Apple gears up for selling the Apple Watch starting next year. Today, Fortune’s 2014 list of the “Most Powerful Women in Business” has taken notice. Fortune writes:
Ahrendts may have given up a CEO title when she left Burberry to head Apple’s $20 billion retail operation, but her new role puts her more in the spotlight than ever. At Apple since May, she’s now key to the success of the company’s new watch.
Ahrendts has so far been readily welcomed by Apple’s Retail Store employees as she began her new role this year, and Fortune ranks her at #29 as her first entry onto the list. Who tops Fortune’s list of “Most Powerful Women in Business” this year? Ginni Rometty, who has her own ties to Apple now thanks to IBM’s newly announced partnership with the iPhone maker.
