Tim Cook to step down as Apple CEO, John Ternus named successor

Tue, 21 Apr 2026 03:38:00 +0200

Apple has announced that Tim Cook will step down as chief executive officer of the company later this year, marking the end of his 15‑year tenure at the helm of the iPhone maker. Cook, who took over from Steve Jobs in 2011, leaves behind a legacy of transforming Apple into one of the world’s most valuable companies, with a market capitalization that has grown into the trillions of dollars. The company said that John Ternus, Apple’s senior vice president of hardware engineering and a longtime executive behind many of its flagship devices, will succeed Cook as CEO starting in September. Cook will remain with Apple as executive chairman, helping to guide the board and ensure a smooth leadership transition. The move follows years of internal succession planning and comes amid a broader shift in the tech industry, as Apple seeks to strengthen its position in areas such as artificial intelligence, wearable computing, and future hardware platforms. Analysts have praised Cook’s operational dis