- Apple Inc AAPL has hired a startup founder and former Meta Platforms Inc META Facebook executive to run its information systems group after departures in that department, Bloomberg reported.
- Timothy Campos will lead the Information Systems and Technology department, which handles the infrastructure behind Apple's online services, customer support, and website.
- Apple refers to the operation as its "nerve center" because it lets employees, suppliers, and customers stay connected.
- Also Read: Meta Moves To Close One New York Office Amid Hiring Freeze
- Mary Demby, the current information chief, will retire after 2022.
- Her deputy, vice president of software engineering David Smoley, will retire after a three-year stint.
- Campos held the chief information officer role at Facebook from 2010 to 2016. Most recently, he co-founded Woven, a popular calendar app Slack Technologies Inc acquired in 2021, which Salesforce, Inc CRM later purchased.
- Apple's chief privacy officer, vice president of industrial design, and head of the company's online retail store will also depart.
- Apple also parted ways with its vice president of procurement following his appearance in a crass TikTok video.
- Price Action: DIS shares traded higher by 3.92% at $140.17 in the premarket on the last check Thursday.
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