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Market Chatter: New Apple CEO Ternus to Name Longtime Deputy as New M&A Chief

Market Chatter: New Apple CEO Ternus to Name Longtime Deputy as New M&A Chief

MT newswireMT newswire2026/10/08 17:50

01:50 PM EDT, 10/08/2026 (MT Newswires) -- New Apple (AAPL) Chief Executive John Ternus is naming his longtime lieutenant Steve Smith as the company's mergers and acquisitions chief, Bloomberg reported Thursday, citing people familiar with the matter. Smith will succeed Adrian Perica, who has run the tech giant's M&A and corporate development function for over a decade, the report said, citing the people. Apple didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 338.50, Change: +1.83, Percent Change: +0.54

01:50 PM EDT, 10/08/2026 (MT Newswires) -- New Apple (AAPL) Chief Executive John Ternus is naming his longtime lieutenant Steve Smith as the company's mergers and acquisitions chief, Bloomberg reported Thursday, citing people familiar with the matter. Smith will succeed Adrian Perica, who has run the tech giant's M&A and corporate development function for over a decade, the report said, citing the people. Apple didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 338.50, Change: +1.83, Percent Change: +0.54
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