Market Overview

Jony Ive To Leave Apple, Start Own Creative Business

Jony Ive To Leave Apple, Start Own Creative Business

Jony Ive is leaving Apple Inc (NASDAQ: AAPL) after more than 20 years with the company.

“While I will not be an [Apple] employee, I will still be very involved — I hope for many, many years to come,” Ive told Financial Times. “This just seems like a natural and gentle time to make this change.”

Ive started working at Apple in 1992 and has led Apple's design team since 1996.

"[He] was considered one of the most important people at Apple, and he was responsible for the industrial design and the look and feel of all major Apple products, including the iPhone and the Mac," according to CNBC.

Ive is starting LoveFrom, a creative business that will launch in 2020 and will have Apple as its first client, according to Financial Times.

Apple's stock closed at $199.74 per share and traded down about 1.1% in Thursday's after-hours session following the report.

Related Links:

Apple Bails Out With Last-Minute Acquisition

Apple's WWDC 2019 Was All About Apps, Security

Photo courtesy of Apple.

Posted-In: Jony Ive LoveFromNews Management Top Stories After-Hours Center Tech Media Best of Benzinga


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