Apple Announces Tim Cook's Transition to Executive Chairman, John Ternus to Take Over as CEO

Apple announced that CEO Tim Cook will step down and become executive chairman on Sept. 1, with John Ternus taking over as CEO. Industry leaders like Sam Altman and Palmer Luckey reacted to the news on social media. Cook has led Apple for nearly 15 years.

By Lola Murti · CNBC ·

Apple Announces Tim Cook's Transition to Executive Chairman, John Ternus to Take Over as CEO

Tickers: $AAPL

Topics: Apple Inc. CEO change executive transition John Ternus Tim Cook

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