In a seismic year for corporate leadership, Apple CEO Tim Cook is stepping down to be replaced by John Ternus. The transition mirrors similar moves at firms like Walmart, Disney, and Coca-Cola. Executives cite the "speed of AI" as a primary driver, noting that the urgency of technological transformation requires leaders with the longevity to oversee long-term shifts. As leadership consultant Stephen Miles notes, companies now require executives "fit" for a faster pace of competition, as the AI race demands a sprint toward total organizational change.
Read the full story at Fortune (subscription).
Source · Fortune
