Apple Inc.AAPL
± Mixedrelevance
CEO change may affect strategy but direction unclear.
Apple announced on the 1st that John Ternus, senior vice president of hardware, has been appointed as the new chief executive officer. Ternus previously oversaw the hardware division and was involved in product development. This personnel change is part of Apple's efforts to revamp its management structure and is expected to influence future product strategy.
Apple Inc.CEO change may affect strategy but direction unclear.