12:49 PM EDT, 04/10/2024 (MT Newswires) -- Apple ( AAPL ) supplier Foxconn is considering experimenting with rotating chief executives in a management overhaul in a talent development effort, Reuters reported Wednesday, citing sources briefed on the matter.

Among the options being considered is having four CEOs, each for six months at a time on a rotating basis.

Foxconn did not immediately respond to request for comments by 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: 168.01, Change: -1.66, Percent Change: -0.98