Apple names new chief executive to replace Tim Cook
Summary
Apple announced that John Ternus will become its new chief executive starting September 1. Tim Cook, who has led Apple since 2011, will become the executive chairman and help with the transition and global policy matters.Key Facts
- John Ternus is currently the head of hardware engineering at Apple.
- Ternus has worked at Apple for 25 years.
- Tim Cook has been Apple’s chief executive since 2011.
- Steve Jobs resigned as CEO in 2011 due to health reasons.
- Tim Cook will remain CEO until the end of summer to support the leadership change.
- After stepping down as CEO, Cook will become the executive chairman.
- Cook will assist Apple with some company matters and contacts with policymakers worldwide.
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