Apple CEO Tim Cook To Step Down In September, John Ternus Will Take Over
Apple Inc. (AAPL) announced that CEO Tim Cook will step down on September 1, 2026, transitioning to the role of executive chairman, with John Ternus taking over as CEO. The transition follows a unanimous board vote and is expected to be smooth with Cook remaining in a leadership role through the summer. Cook has led Apple to significant growth, including a market cap increase from $350 billion to $4 trillion.
Tickers: $AAPL
Topics: Apple Inc. CEO Change Corporate Governance John Ternus Tim Cook