Apple Retail Chief Angela Ahrendts Leaving Company

Human resources executive Deirdre O’Brien to assume leadership of retail operations

Apple said iPhone revenue dropped 15% in the fiscal first quarter, causing a drop in both revenue and earnings amid a matured smartphone market and a slowdown in its service business. WSJ's Lee Hawkins reports. Photo by Justin Lane/EPA-EFE/Shutterstock

Apple Inc. said that its retail chief, Angela Ahrendts, is leaving the company and will be succeeded by a longtime operations executive who now runs human resources, a move that comes as the tech giant wrestles with flagging iPhone sales.

Ms. Ahrendts, one of Apple’s most highly paid executives and most prominent female leaders, joined the company in 2014 from fashion house Burberry Group PLC and was charged with revamping Apple’s stores and improving employee morale.

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