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Apple's veteran John Ternus named as new CEO

Apple's veteran John Ternus named as new CEO

Summary

Apple CEO Tim Cook will step down on September 1, 2026, after leading the company for nearly 15 years. John Ternus, who is currently in charge of hardware at Apple, will take over as the new CEO, while Cook will become executive chairman.

Key Facts

  • Tim Cook has been Apple's CEO for almost 15 years.
  • Cook’s leadership helped Apple’s market value grow by over $3.6 trillion.
  • John Ternus is Apple's hardware chief before becoming CEO.
  • The leadership change will happen on September 1, 2026.
  • Tim Cook will become the executive chairman after stepping down as CEO.
  • The announcement was reported by France24 from Los Angeles.
  • John Ternus is a long-time Apple executive.
  • The change marks a major leadership shift at Apple.
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