A new report finds a stark gender gap in India’s unicorn leadership: women occupy only about 10% of C-suite roles. The underrepresentation is especially sharp in tech and strategic functions, where women are far less likely to become CEOs, CTOs, or CIOs. Even as women lead strongly in HR, systemic barriers still limit advancement and acceptance in top positions.
Apple CEO Tim Cook announced he will step down this summer, moving into the Executive Chairman role. In a letter to employees, he looked back on 15 years at the helm, reaffirmed the company’s core values, and confirmed John Ternus as his successor. Cook framed the change as the start of Apple’s next chapter.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Alvarez and Marsal (A&M) India has appointed Aditya Jain as Managing Director for Business Transformation Services, based in Gurugram. He will scale the firm’s Global Capability Center and deepen sector capabilities using analytics and technology. With over 25 years’ experience—including building BCG’s Global Capability Center in India—Jain is set to strengthen A&M’s transformation execution at speed and scale.
Apple has officially appointed John Ternus, its long-time hardware chief, as CEO starting September 1, 2026, replacing Tim Cook, who will become Executive Chairman of the board. The change marks Apple’s biggest leadership shift in 15 years. Ternus is expected to drive an AI-first, hardware-heavy strategy, while Cook will focus on global policy engagement and board leadership.
Apple CEO Tim Cook told employees in a heartfelt internal memo that “now is the right time” to step away after 15 years leading the company. Cook announced he will transition to the role of Executive Chairman this summer, explaining the timing and rationale behind the change as he prepares to hand over day-to-day leadership.
Apple has appointed Johny Srouji as its new Chief Hardware Officer, replacing John Ternus, who is set to become CEO as Apple’s leadership reshuffles. The move underscores how central hardware and Apple’s in-house silicon have become, with Srouji positioned to guide product and chip strategy during a pivotal period for the company.
Never miss a story
Set alerts for the topics and sources you care about. Download Beige for free.
Apple’s long-time hardware leader John Ternus is set to become CEO in September, signaling a return to the company’s device strengths. Analysts expect his focus to blend AI capabilities directly into existing products, aiming to keep iPhone and related ecosystems growing as software competition heats up.
Cleartrip, part of the Flipkart group, has appointed Pallavi Saxena as its Chief Marketing and Revenue Officer. She will lead marketing strategy, growth planning, and insights, aiming to tightly connect brand building, customer engagement, and commercial performance. Coming from a decade at Flipkart—most recently leading marketing, revenue and customer growth for lifestyle—Saxena is set to strengthen Cleartrip’s travel brand and scalability.
Visa is reportedly set to appoint Suresh Sethi, the former CEO of Protean eGov Technologies, as its new India country head, succeeding Sandeep Ghosh. The move comes as Visa steps up focus on digital payments and deeper regional partnerships. With Sethi’s background across banking and technology, the leadership change signals a renewed effort to accelerate growth in India’s fast-evolving payments market.
Aspire Impact, an ESG impact measurement and certification firm, has secured investment from The Parinama Group and posted a post-funding valuation of ₹360 million. It appointed Saloni Malhotra as CEO of Aspire Impact Assurance and added UPES Chancellor Dr Ram Sharma to its Board of Advisors. The company says it has grown rapidly, serving major clients and planning global expansion.
Reading on mobile?
Open Beige in the app for a smoother experience — free on iOS and Android.
A new report highlights a stubborn gender leadership gap across Indian companies. It finds that women’s internal promotions fall well behind men’s as they near 50, with career breaks further limiting upward mobility and pay equity. The study also flags uneven access to high-stakes, revenue-generating roles—often critical to promotion pathways.
Sam Altman says Elon Musk helped spark OpenAI and that he once looked up to him, but his feelings have changed. Altman claims Musk even believed OpenAI had a “zero percent” chance of succeeding. While Altman praised Musk’s “incredible” contributions, he also said there are aspects he no longer admires.
Sabih Khan, born in Moradabad, has been appointed Apple’s chief operating officer, placing him among India-born executives at the helm of global corporations. His rise echoes the trajectories of leaders such as Satya Nadella and Sundar Pichai, underscoring how increasingly Indian talent is shaping top roles across multinational tech giants.
India Inc’s C suite hiring rose 12.1% year on year in calendar 2025, outpacing earlier growth rates. The surge is most evident in CEO and COO roles, pointing to companies prioritizing execution certainty and operational resilience even as the business environment stays unsettled. Leadership teams are being expanded to navigate volatility with faster decision making.
Follow your favourite sources
Track sources, tags and categories — all in the Beige app.
A new report finds stubborn gender stereotypes around “future-facing” skills like AI and data analysis. Nearly half of men view these roles as masculine, while women largely see them as neutral or even feminine. Even as perceptions of women’s effectiveness improve, this AI-linked bias could deepen the leadership gap.
A year ago, Air India’s revival looked promising even with delays—until an Ahmedabad explosion derailed momentum. Now CEO Campbell Wilson is betting on a fresh start from a new Gurugram academy, rolling out new aircraft, upgraded lounges, and a renewed service push. The real test will be whether this improved focus survives the toughest final stretch.
Merisis has appointed Ruchir Kapoor to strengthen its fintech practice and drive a new wealth management foray. The hire brings over 20 years of experience spanning wealth management, fintech, NBFCs, and trade and SME banking, along with leadership experience across multiple geographies. The move signals Merisis’ intent to deepen financial services capabilities.
CEO and managing director departures are rising across India Inc in 2025, with notable increases across Nifty-50, Nifty-100 and Nifty-200 companies. The higher churn is attributed to a mix of retirements and resignations, alongside more frequent succession planning. The result is faster leadership turnover at large firms, reshaping boardroom expectations for the year.
Stay informed on the go
Bite-sized news from 100+ trusted sources, right in your pocket.
As markets stay unpredictable, Indian companies are increasingly hiring retired senior executives back into operational leadership roles. Firms say these veterans bring decades of institutional knowledge, crisis management experience, and strategic judgment—skills that help ensure continuity and support sustainable growth during fast-changing conditions.
Nvidia CEO Jensen Huang says he has reviewed pay for all 42,000 employees, emphasizing a people-first operating philosophy. In his account, he repeatedly increased operating expenses (OpEx) because caring for employees drives the rest of the results. The remarks spotlight how compensation and spending priorities are linked to company performance.
Swipe through stories, personalise your feed, and save articles for later — all on the app.