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Apple Pay VP Jennifer Bailey to Retire in October After 25 Years

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Jennifer Bailey, vice president who built and led Apple Pay, plans to retire in October after more than 25 years at Apple. Services chief Eddy Cue announced the move internally and praised her role in global expansion of the Online Store and the Apple Pay launch in 2014. Corporate communications leader Josh Rosenstock is also departing, and John Ternus is set to become CEO from Sept. 1.

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