Jimmy Iovine to Leave Apple in August?

Jimmy Iovine, the former Interscope CEO and co-founder of Beats, may leave his position at Apple this year, according to a Billboard report. The site expects Iovine to depart in August.

It is believed his departure is timed to his Apple shares fully vesting, sources tell Billboard. Apple declined to comment. Hits Daily Double first reported the news.

Iovine and Dr. Dre sold Beats to Apple for $3 billion back in 2014, after which Iovine helped the company launch Apple Music and develop original programming.





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