Apple CEO Tim Cook Confirms Detailed Succession Plan

Several internal candidates are being prepared to take over, though Cook has no immediate plans to retire.

Apple CEO Tim Cook has confirmed that a detailed succession plan is in place for when he retires, with several potential successors being prepared from within the company.
Cook, who has been with Apple for 25 years and CEO for 12, has no immediate plans to retire and cannot envision his life without being at Apple.
Cook's comments came during an interview with Dua Lipa for BBC Sounds, where he emphasized the importance of succession planning due to the unpredictability of life.
Under Cook's leadership, Apple's share price has increased more than 14 times, from under $13 in 2011 to over $191 in 2023.
Cook has expressed his humility in leading Apple and his desire to give back, acknowledging the foundational role of Steve Jobs in creating the company.