Tim Cook Steps Down as Apple CEO After 15 Years, John Ternus Takes Over
Key Points
- John Ternus becomes Apple's CEO on September 1, promoted from senior vice president of Hardware Engineering.
- Tim Cook will remain executive chairman to oversee a smooth summer transition.
- Apple’s board unanimously approved the change; Ternus vows to preserve the company’s long-standing values.
TIM Cook has officially stepped down as Apple’s CEO after 15 years at the helm of the tech giant.
John Ternus, the company’s senior vice president of Hardware Engineering, will take over as CEO starting September 1.
Cook will stay on as executive chairman, ensuring a smooth transition through the summer.
Reflecting on his tenure, Cook said, “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company.”
He added, “I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people.”
Ternus praised his predecessor and shared his excitement about the new role: “Having spent almost my entire career at Apple, I have been lucky to have worked under Steve Jobs and to have had Tim Cook as my mentor.”
He promised to lead with the values that have defined Apple for over fifty years and expressed optimism about the future.
The move was unanimously approved by Apple’s Board of Directors, marking a new chapter for the tech powerhouse.
