Tim Cook stepping down as Apple chief
Summary
Tim Cook is leaving his role as Apple’s CEO after almost 15 years. He will become the executive chair of Apple's board, and John Ternus will become the new CEO starting in September.Key Facts
- Tim Cook has been Apple’s CEO for nearly 15 years.
- He will step down from the CEO position.
- Tim Cook will become the executive chair of Apple’s board.
- John Ternus will take over as CEO in September.
- John Ternus is currently Apple’s senior vice president of hardware engineering.
- The change was announced by Apple on a Monday.
- Tim Cook led the company through many new technology developments.
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