Apple Names Sabih Khan COO in Planned Leadership Transition

Apple has appointed Sabih Khan as its new chief operating officer, succeeding Jeff Williams as part of a planned leadership transition. Khan, a 30-year Apple veteran and current senior vice president of operations, has played a critical role in managing Apple's global supply chain, environmental sustainability efforts, and operational strategy. Jeff Williams will continue to report to CEO Tim Cook and oversee the design team and Apple Watch until his retirement later this year, after which the design team will report directly to Cook. CEO Tim Cook praised both Williams for his legacy and Khan for his strategic leadership and values, highlighting Khan's contributions to advanced manufacturing and Apple's manufacturing footprint expansion in the U.S. Market analysts maintain a positive outlook on Apple’s stock, projecting a potential upside and affirming an “Outperform” consensus rating. This leadership change underscores Apple's focus on innovation, operational excellence, and sustainability amid evolving global challenges.