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Successor
01
a person or thing that is next in line to someone or something else
02
something that comes after and replaces the previous product, system, etc.
Example
The outgoing president handed over the responsibilities to his successor.
The CEO retired in favor of his successor.
She handed off the leadership of the committee to her successor.
When the CEO retired, her successor was ready to pick up the reins.
The upcoming software update is the successor to the current version, introducing new features and addressing previous issues.
