Apple Names John Ternus as New CEO as Tim Cook Moves to Executive Chairman

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Apple has announced that Tim Cook will step down as CEO on September 1 and become executive chairman. He will support company strategy and engage with global policymakers in his new role. John Ternus, Apple’s hardware engineering chief since 2001, will succeed Cook as CEO. He has led development on iconic products like the iPad, AirPods, iPhone, Mac and Apple Watch. Cook praised his team’s innovation and called Ternus a “visionary” leader. Ternus, who called Cook his mentor, said he is “filled with optimism” about guiding Apple’s mission forward.

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