Key Points
- Tim Cook is stepping down as Apple CEO on September 1.
- John Ternus has been appointed as the new CEO.
- Cook will remain as chairman of the board.
- Ternus has served at Apple for 25 years.
By the Numbers
Tim Cook is stepping down from his 15-year CEO role on September 1. Apple's hardware engineering chief John Ternus will become the new CEO starting tomorrow. Cook will continue as chairman of the board and provide support on matters such as relationships with policymakers worldwide.
Cook became CEO in August 2011 after Steve Jobs resigned due to health issues. Under his leadership, Apple became the world's most valuable company multiple times and launched numerous products and services including Apple Watch, AirPods, HomePod, Vision Pro, Apple Music, and Apple TV.
Ternus has worked at Apple for 25 years and held key roles in hardware engineering. Cook described Ternus as having 'engineering brilliance, innovative spirit, and a leadership heart of integrity,' stating he is the right person to lead Apple into the future. The company enters the new era with a strong financial structure, having recorded record revenues through recent quarters.
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Frequently Asked Questions
- When is Tim Cook stepping down as CEO?
- On September 1.
- Who is the new Apple CEO?
- Hardware engineering chief John Ternus.
- Is Cook leaving Apple completely?
- No, he will continue as chairman of the board.
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- An-Nahar (EN)·