Are Apple preparing Jeff Williams to take over when Jobs walks?
Apple have reported to have promoted Jeff Williams, VP of Operations to Senior VP. This places him just below chief operating officer Tim Cook. This is with the intention that he would take Cooks roll should he replace Jobs. It is reported that he would oversee product quality as well as help manage the supply chain. These are considered as Cook’s strengths and so would suggest that Apple have a lot of confidence in Williams’ abilities.
In August 2005 Williams was granted 40,000 stock options and end every year since between 10,000 and 26,250 across four years. If vested at once, this would make almost $27.3 million.
Williams was originally brougt on to Apple from IBM and as head of worldwide procurement and was responsible for the crucial task of getting components for the iPod. He then later, as VP played a major roll in the 2007 launch of the iPhone.
In recent years Jobs has been keen to show everyone that it is not just him behind Apples success and now shares the stage with Senior VPs who often give key presentation segments.
Only the future can tell us what will happen, but whoever takes over the roll of CEO has some big boots to fill. Finding the right person is key.