US EditionApple’s CEO Tim Cook May Retire Soon. How's Your Succession Planning Going?
- On November 16, 2025, The Financial Times reported Apple is intensifying succession planning as the board and senior executives prepare for Tim Cook, Apple CEO, to step down as soon as next year.
- Under Cook's leadership, Apple grew from a $350 billion to $4 trillion market cap, serving longer than Steve Jobs since 2011.
- John Ternus, Senior Vice President of Hardware Engineering at Apple, joined Apple's Product Design team in 2001 and led hardware across iPad, iPhone, AirPods, and the Mac Apple silicon transition.
- An announcement could come next year to allow a transition, but no final decisions have been made about Cook's successor as succession planning remains in full swing before WWDC in June and the iPhone release in September.
- Apple's financials show services revenue hit $28.75 billion last quarter and is projected to grow about 15% next year, while the product roadmap includes a foldable iPhone.
46 Articles
46 Articles
Apple could replace CEO Tim Cook as soon as 2026: Report
Tim Cook could be replaced as Apple‘s CEO as early as next year, according to a report on the CEO succession plan. The Financial Times reported that in previous months, board members and senior executives have intensified their efforts to replace Cook. The report, which cited anonymous sources, said Hardware Engineering Chief John Ternus is the favorite to replace Cook. Cook, who is approaching retirement, took over as leader of Apple 14 years …
The technology company intensifies the search for a new leader as speculations about the future of its current CEO grow, amid strategic challenges and competition in artificial intelligence
Apple may see a change of leadership next year. Under the leadership of Tim Cook, the successor to the charismatic founder Steve Jobs, the American company grew into a tech giant with a market capitalization of $4 trillion. Yet, during his time as CEO, Jobs outperformed Cook in net return.
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