Longtime Beats President Luke Wood to Step Down

Apple will see a switchup in the leadership at Beats this month. Luke Wood will step down as president on April 30, to make way for current head of Apple Music Oliver Schusser. Wood has been a part of Beats since 2011, while Schusser has been with Apple since 2004. Even while he succeeeds Wood as president of Beats, Schusser will continue to oversee Apple Music. Wood worked closely with Beats' founders Dr. Dre and Jimmy Iovine, who launched the headphone company in 2006. Apple acquired the compa...