Tim Cook to Step Down as Apple CEO; John Ternus Named Successor
Tim Cook stepping down as Apple CEO, John Ternus to take over: 'Right time to transition'
Hindustan TimesImage: Hindustan Times
Tim Cook announced his resignation as CEO of Apple, effective September 1, 2026, after over 15 years in the role. John Ternus, currently the head of hardware engineering, will succeed him while Cook transitions to the role of executive chairman.
- 01Tim Cook will step down as Apple CEO on September 1, 2026.
- 02John Ternus, head of hardware engineering, will take over as CEO.
- 03Cook has led Apple since 2011 and will remain with the company as executive chairman.
- 04The transition is described by Cook as the 'right time' for change.
- 05Ternus has been instrumental in overseeing key Apple products like the iPhone and Mac.
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Tim Cook, who has served as CEO of Apple since 2011, announced his decision to step down from the position, effective September 1, 2026. He will transition to the role of executive chairman. Cook, who joined Apple in 1998, expressed gratitude for the opportunity to lead the company, stating it has been the 'greatest privilege of my life.' His successor, John Ternus, currently serves as the head of hardware engineering and has been with Apple for several years, overseeing the technology behind major products such as the iPhone, iPad, and Mac. Ternus expressed his gratitude for the opportunity to lead Apple, emphasizing his commitment to carrying the company's mission forward. This change in leadership follows a trend seen with other tech giants, where former CEOs transition to different roles within their companies.
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