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via finance.yahoo.comBusiness & Companies

Apple names veteran Steve Smith as new M&A chief

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Apple Inc. is appointing Steve Smith as its new head of mergers and acquisitions, replacing Adrian Perica who held the position for over a decade, Bloomberg reported Thursday. Before you buy NVIDIA: our AI model's stock picks are beating the market by 120%+. See…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralLeadership change in Apple's M&A team under new CEO John Ternus, with function returning to finance division.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Steve Smith replaces Adrian Perica as Apple's head of mergers and acquisitions.
  2. 02Smith will report to CFO Kevan Parekh, marking the M&A team's return to the finance division since 2019.
  3. 03The change is part of management shifts under new CEO John Ternus, who took over on September 1.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Apple Inc.AAPLStock341.14 USD+0.38%today +1.33%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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