Apple (AAPL) is making management changes at its government affairs and music divisions, Bloomberg reported late Tuesday, citing people with knowledge of the matter.
The government affairs management overhaul involves the heads of Europe and Asia reporting to Lisa Jackson, a vice president who reports directly to Chief Executive Officer Tim Cook, the report said.
The music division will have two co-heads, Rachel Newman and Ole Obermann, reporting to Oliver Schusser, a vice president who previously led the unit, the report said.
Apple didn't immediately respond to a comment request from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 210.93, Change: -0.28, Percent Change: -0.13