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Seeking Alpha
2024.10.07 16:32
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Apple head of procurement said to retire: report

Dan Rosckes, Apple's head of procurement, is set to retire after 24 years with the company. He will be succeeded by David Tom, his top deputy. Rosckes was responsible for supplier agreements and sourcing materials for Apple products. Following the news, Apple's shares dropped 2.3% amid a wider decline in tech stocks.

  • Dan Rosckes, Apple's (NASDAQ:AAPL) head of procurement, is retiring, Bloomberg reported.
  • Rosckes, who has been at the company for 24 years, told staff that he intends to leave the company in short fashion, the news outlet added, citing people with knowledge of the decision. He will be replaced by David Tom, who has served as Rosckes' top deputy for the past several years.
  • In his role as vice president of global sourcing and supply management, Rosckes was responsible for reaching agreements with suppliers and obtaining pieces needed for its products.
  • Apple did not immediately respond to a request for comment from Seeking Alpha.
  • Shares fell 2.3% on Monday amid a broader sell off in tech stocks.
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