Peter Stern, the Vice President of Service Development at Apple, is departing from the American tech giant. News of his exit came from Business Insider, which cited multiple sources familiar with the matter.
According to sources close to Stern, he plans to spend more time on the US East Coast after leaving Apple. The report states that Stern will exit the company at the end of January, signaling a significant shift at the highest levels of Apple’s leadership.
Insiders say the move will prompt a major reorganization of Apple’s senior leadership. Two people with knowledge of the situation indicated that the company will divide his department into three distinct divisions. Among the new leaders is Oliver Schusser, currently overseeing Apple Music, who would take on one of the top roles in the revised structure.
Stern joined Apple in 2016 after a career spanning several senior roles at Time Warner Cable. The veteran executive had a close working relationship with Eddie Cue, Apple’s senior vice president, contributing to strategic initiatives across services and platforms.
There had been speculation that Stern could become a successor to Apple’s chief figures, with discussions among industry observers about his potential future within the leadership team. Apple has not publicly confirmed the departure details reported by the publication, and no official statement has been issued to verify the changes.
In a separate development, Tony Blevins, the former Vice President of Acquiring, discussed his own dismissal from Apple in an interview. She argued that the decision to part ways with him was a mistake, citing a controversial TikTok joke about women as a perceived misstep by management. The remarks add to the ongoing dialogue about leadership decisions and the consequences of public commentary within the company.