Dive Summary:
- McDougal, who resigned earlier this month was a potential candidate for the vacant SVP of retail position and will now be replaced by Apple VP of finance, Jim Bean.
- Bean, having 15 years with the company, will retain his VP title, but will shift its namesake to retail rather than finance.
- McDougal's departure comes in light of a search to replace John Browett, former SVP of retail, with McDougal being widely considered to fill the position.
From the article:
"...McDougal, who resigned earlier this month, is to be replaced by Jim Bean, formerly Apple VP of Finance. While it’s not clear if this is an exec-for-exec swap, Bean has exactly the sort of operational acumen that would lend itself to the position McDougal’s departure leaves open..."