US EditionApple CEO Tim Cook Stepping Down, John Ternus Taking Over
The board unanimously approved the succession as Cook stays on to oversee policy engagement and Ternus takes over after 25 years at Apple.
- On Monday, Apple announced that Senior Vice President of Hardware Engineering John Ternus will become Chief Executive Officer on September 1, 2026, with current CEO Tim Cook transitioning to executive chairman.
- Cook's 15-year tenure transformed Apple from approximately $350 billion to $4 trillion, representing more than 1,000% growth; the transition follows a thoughtful, long-term succession planning process.
- A 25-year Apple veteran, Ternus led hardware engineering for the Mac, iPad, and AirPods. Cook praised him as a "visionary" with "the mind of an engineer, the soul of an innovator."
- Shares fell less than 1% in after-hours trading following the announcement, as analysts noted pressure on Ternus to accelerate artificial intelligence integration against rivals Google and Meta.
- Ternus faces pressure to drive growth in new hardware categories including foldable devices and smart glasses, while Cook remains at Apple as executive chairman, focusing on global policy engagement.
749 Articles
749 Articles
Apple let him Cook
Apple announced on Monday that Cook, who took over as CEO when company founder Steve Jobs died in 2011, will step down in September. Cook will leave behind an astonishing legacy, navigating supply disruptions and geopolitical turmoil to add more dollar value to a US firm than any other CEO except Jensen Huang at Nvidia. But Cook has faced criticism for failing to spark further innovation – a key challenge to be addressed by his replacement, curr…
Why Is Apple CEO Tim Cook Leaving the Company — And Who Is Replacing Him?
Tim Cook announced in a public letter that he is stepping down from his role as CEO of Apple. “This is not goodbye,” he wrote, in part, in the letter shared Monday, April 20. “But at this moment of transition, I wanted to take the opportunity to say thank you. Not on behalf of the company, this time, though there is a wellspring of gratitude for you that overflows inside our walls. But simply on behalf of me. Tim. A person who grew up in a rural…
Power shift ahead: after fifteen years at the helm, Tim Cook will be replaced by an executive of the house, John Ternus. ...
The head of the US technology company Apple, Tim Cook, gives up his position after about 15 years. John Ternus, the former head of hardware, is at the head of the company.
Coverage Details
Bias Distribution
- 45% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
