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Apple names John Ternus as CEO to replace Tim Cook, who will become chairman
Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1.Ternus, a senior vice president of hardware engineering, will join Apple's board of directors when he becomes chief. Apple's non-executive chairman Arthur Levinson will become the iPhone maker's lead independent director at that time.
"Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition," Apple said in a press release.
It's the first CEO transition for Apple since Cook, now 65, succeeded Steve Jobs at the helm in 2011, shortly before Jobs' death. Ternus will become Apple's eighth CEO.
Tim Cook to become Apple Executive Chairman John Ternus to become Apple CEO
Tim Cook to become Apple Executive ChairmanJohn Ternus to become Apple CEO
CUPERTINO, CALIFORNIA Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026. The transition, which was approved unanimously by the Board of Directors, follows a thoughtful, long-term succession planning process.
Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world.
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