Apple Inc. announced the appointment of John Ternus as its new CEO, taking over from Tim Cook, who has led the company since 2011 and will now serve as executive chairman. Ternus, a veteran of Apple since 2001, has been instrumental in the company's hardware engineering and has recently contributed to the resurgence of sales in products like the Mac computers. This leadership transition comes as Apple prepares to navigate significant changes in the tech industry, particularly those driven by advancements in artificial intelligence. Technology consultant Ben Bajarin noted that Ternus is well-regarded within the company and is expected to infuse fresh energy into Apple's leadership. Additionally, Johny Srouji, who has been responsible for Apple’s custom chip and sensor designs, has been appointed as chief hardware officer.