Tim Cook Stepping Down
5 hours ago
- #CEO Transition
- #Succession Planning
- #Apple Leadership
- Tim Cook is stepping down as Apple CEO, with John Ternus taking over on September 1, 2026.
- Cook will transition to chairman of the board and assist with certain company aspects, including engaging with policymakers.
- Cook expressed gratitude for his role, praising Apple's team and Ternus's engineering mind, innovator's soul, and leadership integrity.
- Ternus, optimistic about Apple's future, is grateful for the opportunity and credits Steve Jobs and Cook as mentors.
- The transition was approved by the Board of Directors as part of a long-term succession plan, with Arthur Levinson becoming lead independent director.