This appointment is the latest management launder and shift implemented by CEO John Ternus. Smith, a longtime lieutenant at the company, takes over the M&A and corporate development function from Perica to lead strategic growth and acquisitions.
Tuesday, October 20, 2026
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Apple Names Steve Smith M&A Chief in Ternus Shakeup
Business12 days ago
Adrian Perica will now focus exclusively on overseeing parts of Apple's services business, stepping away from his leadership of corporate development. The company is naming Steve Smith its new chief for mergers and acquisitions to replace Perica and manage its ongoing dealmaking efforts.
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