Choose Rich Live
Tech

Apple names Steve Smith as new M&A chief amid leadership reshuffle

Apple has appointed insider Steve Smith to lead its mergers and acquisitions division, marking the latest executive change under Chief Executive Officer John Ternus.

Portrait of Apple executive John Ternus beside a colorful stylized Apple logo.
Image: @MacRumors

Apple has named company insider Steve Smith as its new head of mergers and acquisitions, according to an internal memo reported by Reuters. The appointment represents the latest management change under new Chief Executive Officer John Ternus, Bloomberg reported, citing people familiar with the matter.[2][3][1][5]

Smith replaces Adrian Perica as M&A chief, according to reporting by Bloomberg's Mark Gurman. Perica will remain at Apple and continue to oversee services including iCloud, Fitness+, and News. In an additional leadership move, Apple has promoted Carson Oliver to vice president of the App Store.[4]

Key facts

  • Apple named insider Steve Smith as its new head of mergers and acquisitions.
  • Steve Smith replaces Adrian Perica, who will continue to oversee iCloud, Fitness+, and News.
  • The appointment marks the latest executive reshuffle under new Apple CEO John Ternus.
  • Apple promoted Carson Oliver to vice president of the App Store.
  • Smith's appointment was disclosed in a company memo, according to Reuters.

Sources · 5 sources

  1. MC

    MacRumors.com@MacRumorsPost on X ·

    Apple Has a New M&A Chief as Ternus Reshuffles Leadership https://t.co/8bCV2EXObh https://t.co/M9AxRrzn1U

    Open source
  2. RE

    Reuters@ReutersPost on X ·

    Apple names insider Steve Smith as new M&A chief, memo shows https://t.co/jW7DI9U4y8 https://t.co/jW7DI9U4y8

    Open source
  3. BL

    Bloomberg@businessPost on X ·

    Apple is naming a new mergers and acquisitions chief, according to people familiar with the matter, marking the latest management change under new Chief Executive Officer John Ternus https://t.co/nFTAlvTarZ

    Open source
  4. TE

    Techmeme@TechmemePost on X ·

    Sources: Apple promotes Carson Oliver to VP of the App Store and names Steve Smith as M&A chief, replacing Adrian Perica, who keeps iCloud, Fitness+, and News (@markgurman / Bloomberg) (Visit Techmeme dot com for the link and full context!)

    Open source
  5. 9T

    9to5Mac@9to5macPost on X ·

    Apple names new head of mergers and acquisitions, per report https://t.co/mjgDFFoY3N by @ChanceHMiller

    Open source