Lates News

Jennifer Bailey, the long-time head of Apples payments and wallet services, will retire after more than 20 years with the company, becoming the latest member of the iPhone maker's new round of executive changes. Eddy Cue, head of Apples services business, announced Baileys departure. He stated that Bailey, who has served as the vice president of the business since the launch of Apple Pay in 2014, will leave in October. Under Jennifers leadership, Apple Pay has changed the way hundreds of millions of users pay, Cue said in a memo. Before Jennifers departure at the end of October, we will announce a succession plan, and Jennifer will continue to support the transition as an advisor.