MAM
boAt strengthens leadership team with three key appointments
Mumbai: Homegrown top audio and consumer lifestyle brand boAT has strengthened its leadership team as it aims to deepen its manufacturing and supply chain network in India and drive business transformation. The company appointed Shashwat Singh as chief information officer, Ankur Sharma as chief financial officer, and Prashant Kamal as head of India manufacturing and supply chain.
The team will be based out of New Delhi, Mumbai, and Bengaluru offices, and work closely with the CEO Vivek Gambhir and co-founders Aman Gupta and Sameer Mehta, the company said in a statement on Thursday.
Shashwat Singh comes with over 14 years of corporate experience in distinguished companies like Unilever, Kimberly Clark, and Asian Paints. Being a digital transformation leader at boAt, he will be creating an adaptable tech landscape to support the brand on its trail of growth.
Ankur Sharma has vast experience spanning more than 16 years in financial management, developing/executing strategies, and delivering operational efficiency for both B2B and B2C organisations. He has been associated with eminent firms like ADA Group and Cravatex (Vans as well as Fila) in the past. At boAt, Sharma will be leading the company’s financial functions.
Prashant Kamal holds a valuable experience of 21 years in the consumer durables & consumer electronics space. He has worked in the companies like Nokia, Microsoft, and Flextronics at a global level. At boAt, Kamal will spearhead the company’s Make in India manufacturing initiatives and make the supply future-ready.
“We are thrilled to welcome Shashwat, Ankur, and Prashant to our core leadership team as we prepare for our next phase of growth,” Vivek Gambhir said. “All three of them bring a wealth of experience and best practices from global companies. Their values, skills and expertise will enable us to dramatically scale up and build a high-performance organization. Together, we look forward to bringing the best we have to offer to our community of boAtheads.”
Currently, boAt has close to 250 members across its team in Delhi, Mumbai, and Bengaluru & is looking forward to enhancing its research and development (R&D) and further augmenting efforts to manufacture products in India
Brands
Apple CEO Tim Cook to step down after 15 years, John Ternus to take over
Leadership shake-up sees long-time hardware chief step up from September
CUPERTINO: Apple has confirmed that chief executive officer Tim Cook will step down from his role and transition to executive chairman, with senior vice president of hardware engineering John Ternus set to take over as CEO from September 1, 2026.
The transition, approved unanimously by the board, marks a carefully planned leadership shift at one of the world’s most valuable companies. Cook will remain CEO through the summer, working closely with Ternus to ensure a smooth handover before moving into his new role, where he will continue to support Apple and engage with policymakers globally.
In a memo to employees, Apple CEO Tim Cook reflected on his 15-year tenure, recalling the moment Steve Jobs asked him to step into the role. “It was an emotional and challenging moment for all of us at Apple,” he wrote, adding that the company’s core values, from simplicity and innovation to a commitment to improving lives, remain unchanged.
Explaining his decision, Cook said the company’s strong roadmap and future outlook made this the right time for a transition. “I have never been more optimistic about Apple’s future,” he noted, while announcing Ternus as his successor. He described Ternus as “a visionary in his own right” with “remarkable integrity” and the right leader to guide Apple into its next phase.
Cook said, “John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honour.”
Ternus, in his own note to employees, struck a steady, execution-focused tone. Ternus said, “It has been such a privilege to lead the hardware engineering team… I still plan to be very hands-on,” signalling continuity rather than a strategic reset.
As part of the leadership reshuffle, Ternus will step away from leading hardware engineering, with Tom Marieb taking over the role. Marieb will report to Johny Srouji, who assumes an expanded position as chief hardware officer, aligning hardware development more closely with Apple’s silicon and technology teams.
Cook also used his memo to thank employees, calling them “the most remarkable people in the world” and crediting them for building Apple into what it is today. A town hall has been scheduled at the Steve Jobs Theater to discuss the transition further.
The leadership change also sees Arthur Levinson move to the role of lead independent director, while Ternus joins Apple’s board.
Cook’s tenure has been defined by massive growth and expansion, with Apple’s market value rising from around $350 billion in 2011 to $4 trillion, alongside the launch of new product categories and a booming services business. Ternus, a 25-year Apple veteran, has played a central role in shaping the company’s hardware roadmap, from iPhone and Mac to newer innovations in materials and sustainability.
The transition signals a generational shift, but not a dramatic change in direction. If anything, both memos point to continuity, discipline and a belief that Apple’s next chapter will be built on the same values that shaped its last.
