John Ternus Appointed as Apple's New CEO Amid Technological Evolution
Who is John Ternus? Know all about Apple's engineer-turned CEO - Age, Net Worth and More
The Economic TimesImage: The Economic Times
Apple Inc. has appointed John Ternus as its new CEO, effective September 1, succeeding Tim Cook, who will transition to executive chairman. Ternus, who has been with Apple for over 20 years, is recognized for his significant contributions to major hardware programs and is expected to lead the company through a transformative era in technology.
- 01John Ternus will become CEO of Apple on September 1, 2023.
- 02He has been with Apple for over two decades, significantly impacting hardware development.
- 03Ternus is estimated to have a net worth of around $75 million.
- 04Tim Cook will transition to the role of executive chairman.
- 05The leadership change comes as Apple navigates advancements in artificial intelligence.
Advertisement
In-Article Ad
Apple Inc. announced the appointment of John Ternus as its new CEO, effective September 1, 2023. Ternus, who has been with Apple for over 20 years, has played a pivotal role in the development of key products such as the iPhone, iPad, and Mac. His extensive experience includes serving as vice president of hardware engineering and senior vice president of hardware engineering, where he reported directly to outgoing CEO Tim Cook. Ternus is recognized for his visionary leadership and has been instrumental in shaping Apple's product roadmaps and long-term strategy. With a net worth estimated at $75 million, his compensation package as CEO is expected to align closely with Cook's, who earned approximately $74.6 million last year. This leadership transition occurs at a crucial time as Apple adapts to rapid changes in the tech industry, particularly in artificial intelligence, marking the end of an era under Cook's leadership.
Advertisement
In-Article Ad
Advertisement
In-Article Ad
Reader Poll
Do you believe John Ternus will successfully lead Apple into the future?
Connecting to poll...
More about Apple Inc.
Read the original article
Visit the source for the complete story.



