Lates News

Jennifer Bailey, Apple's long-time head of payments and wallet services, has announced her retirement and will leave the company in October. This departure also intensifies the trend of management turnover at Apple. The company is facing the challenge of a number of senior executives reaching retirement age, with executives such as Kate Adams and Lisa Jackson recently stepping down. Meanwhile, Apple is about to undergo a larger leadership change, as CEO Tim Cook will step down on September 1, with hardware chief John Ternus taking over.