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Tim Cook and Reed Hastings just showed every CEO how to leave gracefully

The Apple and Netflix leaders are cited for planning their own obsolescence and building institutions that outlast personal ambition.

Summary by Fortune
In September 1960, John Updike sat in the Fenway Park stands and watched Ted Williams take his final at-bat. He drove a fastball 440 feet over the right-centerfield wall, rounded the bases head down and disciplined, and ran straight into the dugout. The crowd begged him to come out, tip his cap, take their adulation. He didn’t. The opposing pitcher waited on the mound, certain Williams would relent. Most players would have. Williams waved him of…

4 Articles

John Ternus will be the eighth CEO in half a century at the helm of Apple. The company was brought back from the brink of bankruptcy by co-founder Steve Jobs, the sixth in line, and built into a global empire by the seventh, Tim Cook, who left in September.

·Hungary
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When Tim Cook took over the management of Apple in 2011, many industry leaders predicted that the company's heyday was over, but they were wrong.

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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Fortune broke the news in New York, United States on Saturday, May 9, 2026.
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