Apple has introduced that it’s Senior Vice President of {hardware} engineering, Dan Riccio, will step down from his position to pursue a mysterious ‘new venture’ on the firm. Riccio has been Apple’s head of {hardware} engineering since 2012, earlier than which he led {hardware} engineering for the iPad. The senior government will reply on to Apple CEO Tim Cook dinner in his new capability as head of this ‘new venture’, indicating it’s of nice significance to the world’s Most worthy firm.

Talking in regards to the change-up in hierarchy, Steve Cook dinner mentioned, Each innovation Dan has helped Apple deliver to life has made us a greater and extra progressive firm, and we’re thrilled that he’ll proceed to be a part of the workforce… John’s deep experience and large breadth of expertise make him a daring and visionary chief of our {Hardware} Engineering groups. I need to congratulate them each on these thrilling new steps, and I’m wanting ahead to many extra improvements they’ll assist deliver to the world.

In the meantime, Dan Riccio himself said that, Working at Apple has been the chance of a lifetime, spent making the world’s greatest merchandise with essentially the most gifted folks you could possibly think about. After 23 years of main our Product Design or {Hardware} Engineering groups—culminating with our greatest and most formidable product yr ever—it’s the proper time for a change. Subsequent up, I’m wanting ahead to doing what I like most—focusing all my time and power at Apple on creating one thing new and fantastic that I couldn’t be extra enthusiastic about.

John Ternus will exchange Dan Riccio because the SVP, having been the corporate’s vp of {hardware} engineering since 2001. Ternus is one other crucial determine at Apple and led the iPhone 12 program. He additionally performed a key position in Apple’s transition to its personal silicon for its MacBook laptops, and is closely concerned within the iPad and AirPod packages.

As for what this new venture is, Apple hasn’t launched any conclusive data. Judging by the developments seen within the tech business in current months, the venture will be the ling awaited Apple automotive, or a brand new line of {hardware} merchandise which make the most of rising applied sciences comparable to AR.