Apple's Hardware Chief Johny Srouji Reportedly Considering Departure Amid Executive Turnover

Johny Srouji, Apple's Senior Vice President of Hardware Technologies, is reportedly considering leaving the company to pursue opportunities elsewhere. Srouji, who has been instrumental in leading Apple's in-house chip development, including the Apple Silicon initiative, has informed CEO Tim Cook of his intentions and has discussed potential roles at other companies with colleagues.

In response, Apple has offered Srouji substantial compensation packages and additional responsibilities, including the possibility of promoting him to Chief Technology Officer, which would position him as the company's second most powerful executive.

Srouji's potential departure comes amid a series of high-profile exits at Apple. Design lead Alan Dye has left for Meta, AI chief John Giannandrea is set to retire in the spring of 2026, and both General Counsel Kate Adams and Environment and Policy VP Lisa Jackson have announced plans to retire in 2026.

These departures are part of a broader reorganization within Apple, likely in preparation for CEO Tim Cook's eventual retirement. The company is also contending with a talent drain in its engineering ranks, particularly within its artificial intelligence division, where several top researchers have left for competitors like Meta.

To address these challenges, Apple has been promoting key lieutenants under its senior executives and has hired Amar Subramanya, a former Google and Microsoft executive, as Vice President of Artificial Intelligence, reporting to software chief Craig Federighi.

As of the latest trading session, Apple's stock (AAPL) closed at $278.78, reflecting a slight decrease of 0.68% from the previous close. The company's market capitalization stands at approximately $3 trillion, with a price-to-earnings ratio of 30.28.