John Ternus Becomes Apple CEO
John Ternus has become Apple's new CEO, succeeding Tim Cook. Cook, who led the company for 15 years, announced his retirement and will transition to executive chairman. Ternus, a former head of hardware engineering, is expected to focus on product innovation.
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MON
John Ternus becomes Apple CEO
John Ternus has officially succeeded Tim Cook as CEO of Apple, a role he steps into after leading hardware engineering. Ternus's appointment comes ahead of a major product launch event next week. He inherits a company valued at over $4 trillion and faces challenges in areas like AI and increasing costs.
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Tim Cook steps down as Apple CEO
Tim Cook announced his retirement as Apple CEO after 15 years, effective September 1st, 2026. John Ternus will succeed him as CEO, while Cook transitions to executive chairman. During his tenure, Apple's valuation grew significantly, and revenue quadrupled.
