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Apple is reportedly working on inheritance planning for Tim Cook and others



Apple is reportedly already working to make sure they have someone to fill the boots of CEO Tim Cook, not to mention other members of the management team.

Succession planning has become a focus for the company, according to a new BloombergBloomberg report.

Big companies are trying to make sure they have a plan in place if senior team members leave, and that̵

7;s what Apple is doing here. According to Bloomberg, Tim Cook and others are already considered potential leavers, thanks in part to their age and wealth.

As Cook begins his tenth year at the helm, his leadership team is mostly filled with senior vice presidents who have worked at Apple for more than two decades, earned tens of millions of dollars and are in or near 55-60 years when many former leaders have joined page. This, along with typical business planning, has spurred the Cupertino, California-based company to cultivate its next-class top executives, said people familiar with the matter who asked not to be identified and talked about internal company discussions. Apple declined to comment.

Apple’s likely successor appears to be the company’s COO, Jeff Williams. Williams has been involved in high-profile product announcements in recent years, and he is well thought of at Apple. Bloomberg says that they in the company think Williams is similar to Cook in some ways, and it is unlikely that something is wrong.

Apple is also working to make sure it has someone in line for the rest of its big hitters. Greg Joswiak is already taking over the role of marketing manager from Phil Schiller, and others will probably do something similar in the coming weeks.

Bloomberg’s piece is interesting to read and contains some names you may not already know. These are names we can get to know well in the future.

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