It turns out that the rumours were right. Apple will have a new CEO later this year.
Apple has announced that its CEO, Tim Cook, will step down later this year. He will be succeeded by John Ternus, Apple’s current senior vice president of hardware engineering.
Ternus will officially become Apple’s CEO on September 1 later this year. And according to Apple, the transition was approved unanimously by the Board of Directors and that it “follows a thoughtful, long-term succession planning process.”
Between now and September 1, Cook will continue in his role as Apple’s CEO and will work with Ternus on a smooth transition. From September 1, Cook will become the executive chairman of Apple’s board of directors. In this role, Cook will continue to assist with “certain aspects of the company, including engaging with policymakers around the world.” Well, someone needs to deal with Trump, and Cook has had a pretty decent track record of doing just that.
Cook became Apple’s CEO in 2011, taking over from Jobs, and in the span of around 15 years, solidified Apple’s position as a tech juggernaut. He oversaw the launch of products like the Apple Watch, AirPods, Vision Pro, and also pushed for growth in services, launching services like Apple Music and Apple TV.
John Ternus and Tim Cook at Apple Park.
