Apple has offcially announced that Tim Cook will step down from his role of Chief Executive Officer (CEO) of the company after a 15-year stint. The brand also announced his successor, John Ternus, who will be taking the role of Apple CEO later this year. Here are the details of Apple’s new leadership restructuring.
As announced via a newsroom post, Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026. “The transition, which was approved unanimously by the Board of Directors, follows a thoughtful, long-term succession planning process,” said the company.
Arthur Levinson, who has been Apple’s non-executive chairman for the past 15 years, will become its lead independent director on September 1, 2026. Ternus will join the board of directors, also effective September 1, 2026.
“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world,” said Cook.
“John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor. He is a visionary whose contributions to Apple over 25 years are already too numerous to count, and he is without question the right person to lead Apple into the future. I could not be more confident in his abilities and his character, and I look forward to working closely with him on this transition and in my new role as executive chairman,” he added.
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Further, John Ternus also said that he’s “profoundly grateful for this opportunity to carry Apple’s mission forward.” “Having spent almost my entire career at Apple, I have been lucky to have worked under Steve Jobs and to have had Tim Cook as my mentor. It has been a privilege to help shape the products and experiences that have changed so much of how we interact with the world and with one another,” he said.
“I am filled with optimism about what we can achieve in the years to come, and I am so happy to know that the most talented people on earth are here at Apple, determined to be part of something bigger than any one of us. I am humbled to step into this role, and I promise to lead with the values and vision that have come to define this special place for half a century,” Ternus added.
Tim Cook, John Ternus: Background
Tim Cook joined Apple in 1998 and became CEO in 2011, leading the company through major growth and expansion. Under his leadership, Apple introduced new product categories like the Apple Watch, AirPods, and Vision Pro, while also expanding its services business to over $100 billion. The company’s market value has grown from around $350 billion to $4 trillion, with revenue rising significantly and its global presence now spanning more than 200 markets. Cook has also overseen Apple’s shift to in-house silicon, strengthened its focus on privacy and sustainability, and expanded its user base to over 2.5 billion active devices.
John Ternus, who joined Apple in 2001 and now serves as senior vice president of Hardware Engineering, has played a key role in shaping many of Apple’s products. He has contributed to major product lines including iPhone, Mac, iPad, AirPods, and Apple Watch. His work has helped improve performance and durability across devices, while also driving innovations in materials and design. More recently, he has overseen updates to the iPhone lineup and advancements in AirPods, along with efforts to improve repairability and reduce the environmental impact of Apple’s hardware.
Author: The Mobile Indian Network
Source: The Mobile Indian
Reviewed By: Editorial Team
