Apple's App Store VP to Exit Amid Global Regulatory Reorganization

👉 Key Highlights:

📍 Matt Fischer, App Store VP since 2010, to leave Apple in October.

📍 Apple reorganizes the App Store group into two separate teams.

📍 Phil Schiller leads the restructuring, addressing global regulatory pressures.

📍 Carson Oliver will lead the App Store group; Ann Thai to manage alternative app distribution.

📍 Reorganization responds to regulators requiring alternative app stores and payment methods.

📍 Fischer’s departure follows 21 years at Apple, marking a significant leadership change.

📍 Apple has declined to comment on the internal changes.

👉 Context/Background:

Apple is undergoing significant restructuring in response to increasing global regulatory pressures. These changes come as regulators push for more competition in the app distribution market, particularly around alternative app stores and payment methods on Apple devices.