Tim Cook, who has served as the CEO of Apple Inc. since 2011, announced his transition to the role of executive chairman, with John Ternus set to become the new CEO on September 1. In a heartfelt message to employees and customers, Cook expressed gratitude for their support and emphasized that this is not a goodbye but a new beginning. Sundar Pichai, the CEO of Alphabet Inc., responded by congratulating Cook on his remarkable tenure and recognizing his dedication to Apple's mission. Cook described his time leading Apple as 'the greatest privilege' and praised Ternus for his engineering mindset and leadership qualities, stating he is well-equipped to guide Apple into the future. The leadership change has sparked widespread discussion within the tech community, reflecting Cook's significant impact on the company during his over 12 years at the helm.