Tim Cook to step down as Apple CEO after 15-year tenure
Summary
Apple CEO Tim Cook will step down on September 1 after leading the company for nearly 15 years. He will become the executive chairman, and John Ternus, Apple's head of hardware engineering, will take over as CEO.Key Facts
- Tim Cook became Apple’s CEO after Steve Jobs.
- Cook led Apple for almost 15 years.
- During his time, Apple’s market value increased by over $3.6 trillion.
- Cook is 65 years old.
- John Ternus will replace Cook as CEO starting September 1.
- Cook will stay involved with Apple as executive chairman.
- This leadership change is similar to other tech companies, such as Amazon and Netflix.
- Apple is based in Cupertino, California.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
