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Apple Has a New M&A Chief as Ternus Reshuffles Leadership

Steve Smith will report to CFO Kevan Parekh as Adrian Perica moves into a more prominent services role and Carson Oliver takes over the App Store.

Summary by MacRumors
CEO John Ternus is making changes to Apple's leadership, reports Bloomberg. Apple veteran Steve Smith will take over mergers and acquisitions and corporate development, which was previously led by Adrian Perica. M&A is an important team at Apple, handling acquisitions and arrangements like the deal Apple had with OpenAI to add ChatGPT to Siri. Perica will stay at Apple to oversee iCloud, Fitness+, and Apple News, which he has done since 2023, an…
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Apple World Today broke the news on Thursday, October 8, 2026.
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