Overview

• 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.