Mark Gurman Says Tim Cook Likely To Remain As Apple CEO Through At Least Mid-2026
Mark Gurman says Tim Cook is expected to remain Apple CEO through mid-2026, calling the Financial Times report of an imminent departure false and premature.
- This month, the Financial Times reported Apple was preparing for Tim Cook's departure as soon as next year, but Bloomberg reporter Mark Gurman refuted the claim as "simply false" in his latest "Power On" report.
- Tim Cook turned 65 this month and is one of Silicon Valley's longest-tenured CEOs, fueling debate about Apple's future leadership despite some calling the Financial Times story premature.
- Gurman said he would be `shocked` if Tim Cook stepped down between late January and June next year, adding few internal signs suggest a planned exit in recent weeks.
- Gurman projects Cook will remain through the current US Presidency, with John Ternus, Senior Vice President of Hardware Engineering at Apple, as the most likely successor when transition occurs.
- Against market chatter, Gurman highlighted internal context, saying some suggested the Financial Times piece was a test balloon but few internal signs show Tim Cook plans to step down.
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8 Articles
Apple leadership transition unlikely in near term; Tim Cook to decide retirement timing: Mark Gurman
Apple CEO Tim Cook is not expected to immediately step down soon, despite Financial Times reports suggesting succession plans. Bloomberg’s Mark Gurman says there are “few signs internally” of a transition, with hardware SVP John Ternus likely to be a future successor.
Mark Gurman Says Tim Cook Likely To Remain As Apple CEO Through At Least Mid-2026 - Apple (NASDAQ:AAPL)
Bloomberg's Mark Gurman has shared that Apple CEO Tim Cook is likely to retain his position until at least mid-2026, a claim that contradicts earlier reports.
Journalist Mark Gurman (Bloomberg) says that, contrary to rumours, Tim Cook should not resign in the first half of 2026.
According to a Financial Times report, Apple is preparing for Tim Cook's potential departure as CEO. The paper even speculated that an announcement could be made in early 2026 to ensure a smooth transition before WWDC... Read the article: Apple: Rumors of Cook's departure likely premature
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