Tim Cook is stepping down as CEO of Apple, with longtime executive John Ternus set to take over the role on Sept. 1, the company announced Monday.
Cook Moves to Chairman Role
Cook, who has led Apple since 2011, will transition to executive chairman of the company’s board. During his tenure, Apple’s market value grew dramatically, cementing its position as one of the world’s most valuable companies.
“It has been the greatest privilege of my life,” Cook said, praising Ternus as a visionary leader ready to guide Apple’s future.
Who Is John Ternus?
Ternus joined Apple in 2001 and currently serves as senior vice president of hardware engineering. He has played a key role in major products, including the iPad, AirPods, and Apple Watch.
“I am profoundly grateful for this opportunity,” Ternus said, noting both Cook and Steve Jobs as major influences.
What’s Next for Apple
The leadership shift marks a new chapter for Apple as it continues to focus on innovation, AI, and product development. Cook expressed confidence that the company’s future remains strong under Ternus’ leadership.
For more on big tech and business updates, stay tuned to Que Onda Magazine.