- Apple Inc’s (NASDAQ:AAPL) head of hardware design, Evans Hankey, will depart three years after taking the job, Bloomberg reported.
- Hankey will remain at Apple for the next six months while the company is yet to name her successor. One possible candidate to assume leadership is Richard Howarth, 9 To 5 Mac reports.
- Howarth briefly had the role of industrial design VP from 2015-2017, at the same time as when Jony Ive was ‘promoted’ to Chief Design Officer.
- Hankey was named to the post in 2019 to replace Jony Ive, the company’s iconic design chief for two decades.
- Before taking her current role as VP of industrial design, Hankey spent several years at Apple reporting to Ive. Since then, she has reported to COO Jeff Williams.
- Her pending exit marks the first time Apple will be without a de facto design chief since co-founder Steve Jobs retook control of the company in the late 1990s and appointed Ive to the job.
- Many of CEO Tim Cook’s critics have remarked that he has repeatedly put operations executives in charge of critical decisions, thereby diminishing the contributions of the design group.
- Apple worked on critical new devices, including a mixed-reality headset for next year and augmented reality glasses. There’s also the possibility of an electric car.
- Price Action: AAPL shares traded higher by 2.93% at $147.61 on the last check Friday.
S&T Bancorp Increases Quarterly Cash Dividend From $0.31 To $0.32 Per Share
The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ:STBA), the holding company for S&T Bank, approved a $0.32 per share cash dividend on January 25, 2023. This is an increase
