Apple CEO Tim Cook is stepping down
Summary
Tim Cook is stepping down as Apple’s CEO after nearly 15 years. He will become executive chairman, and John Ternus, a hardware expert, will take over as CEO starting September 1.Key Facts
- Tim Cook has been Apple’s CEO for almost 15 years.
- Cook helped grow Apple into a very valuable global company.
- He oversaw major product launches like the Apple Watch and AirPods.
- John Ternus, Apple’s senior vice president of hardware engineering, will become CEO.
- Cook will move to the role of executive chairman on September 1.
- Ternus was expected to succeed Cook for some time.
- Apple is one of the most valuable companies in the world.
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