Which CEOs will be out before 2027?Tim Cook - Apple

#Apple's Market Value Increased 24 Times During Cook's Tenure# [Cook Hands Over to Tenus: #Apple Moves from an Efficiency-Driven Era to an Engineering-Driven One#] #AI Will Be a Major Test for Apple's New CEO# On April 20th, after celebrating its 50th anniversary, Apple Inc. finally dropped a bombshell: 65-year-old Tim Cook will officially step down as CEO on September 1st, becoming Executive Chairman of the Board. Apple's stock price fell slightly by 0.5% in after-hours trading. As expected, the successor was John Ternus, the senior vice president of hardware engineering, who has been repeatedly referred to as Apple's "golden boy". He is not a star manager parachuted in from outside, nor is he the helmsman of the services or software business; rather, he is a typical "Apple internal engineer-type executive." A hardware industry insider told reporters that Apple's choice of its leader itself has already hinted at its future path, shifting from an efficiency-driven approach during the Cook era back to an engineering and product-driven approach. When Tim Cook succeeded Steve Jobs in 2011, concerns arose about how an operations-oriented CEO could inherit product genius, and whether Apple would become a mediocre company. Now, with Tenus taking over, how to reshape Apple's uniqueness in the "AI revolution" will be a major test for him. Cook handing over the reins to Tenus: Apple is moving from an "efficiency-driven" era to an "engineering-driven" one.

The latest: Apple’s Cook to Hand Reins to Ternus After Record-Setting Tenure

#Apple's market value increased 24 times during Cook's tenure# [#Ternus has always served as Apple's head of hardware#] #Apple officially announces Cook will step down as CEO in September# On Monday local time, Apple's official website announced that after nearly 20 years at the helm of the company, Tim Cook will step down as CEO and become executive chairman, effective September 1 this year. John Ternus will succeed Tim Cook as CEO. Ternus currently serves as the tech giant's senior vice president of hardware engineering. Upon assuming the role, Ternus will join Apple's board of directors. On the same day, Apple's non-executive chairman, Arthur Levinson, will become the iPhone maker's lead independent director. During Cook's tenure, Apple's market capitalization increased approximately 24-fold, reaching $4 trillion at Monday's close. In his nearly 15-year tenure, Cook led Apple into the wearable device market, launching products such as the Apple Watch, AirPods, and the Vision Pro virtual reality headset. Tenus is about 15 years younger than Cook and has served as Apple's head of hardware for nearly half of his career. He joined Apple just four years after graduating from the University of Pennsylvania with a degree in mechanical engineering, and subsequently oversaw the hardware engineering team covering the entire product line, including iPhone, iPad, Mac, Apple Watch, AirPods, and Vision Pro. He is widely considered a leading successor. [Link to webpage]

Tim Cook will step down as Apple's CEO later this year and be replaced by John Ternus, a senior vice president of hardware engineering, the technology company announced.

Amit Atias Apple CEO Tim Cook is stepping down after nearly 15 years at the helm of the technology giant. Photo: Reuters

“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,” Cook said. • •

Tim Cook to quit after 15 years at top of Apple tree

Tim Cook to step down as Apple CEO

Tim Cook to step down after 15 years at the helm of Apple

Apple shares declined 1% in after-hours trading after the communications hardware firm announced that chief executive Tim Cook will step down after nearly 15 years at the helm. • • More Here →

Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker’s hardware leader

Apple chief Tim Cook to step down after nearly 15 years

Tim Cook will step down as Apple CEO at the beginning of September and become chairman of the company's board of directors. Cook, who has led the company since 2011, will be replaced by John Turing, the head of hardware.

Tim Cook to step down as Apple CEO, with John Ternus tapped as successor

Apple has announced that John Ternus, the senior vice president of hardware engineering, will take over as CEO of the company on September 1, 2026, as Tim Cook prepares to step down after 15 years in the role.

Apple CEO Tim Cook to step down later this year with John Ternus named as successor

The company will hand the chief executive job to Apple veteran John Ternus. • • The announcement answers long-simmering questions about who would succeed Cook, 65, and comes as Apple strives to show it is not being left behind in the age of artificial intelligence.

Apple CEO Tim Cook to hand over to John Ternus in September

Tech giant announces: Tim Cook steps down as Apple CEO

SAN FRANCISCO (AP) — Apple CEO Tim Cook to end nearly 15-year reign leading the iPhone maker

APPLE: JOHN TERNUS TO BECOME CEO, WITH TIM COOK TRANSITIONING TO EXECUTIVE CHAIRMAN. ...

APPLE: JOHN TERNUS TO BECOME CEO, WITH TIM COOK TRANSITIONING TO EXECUTIVE CHAIRMAN.

Tim Cook will step down as Apple's CEO in September and become executive chairman of the company's board of directors. He will be replaced by John Ternus, senior vice president of hardware engineering. The reshuffle was unanimously approved by the board of directors, Apple's press service reported. Follow Kommersant on Telegram | MAX | Leave boosts

[Breaking] Apple: "Tim Cook to Step Down as CEO in September... to Become Chairman of Board"

Tim Cook will step down as CEO of Apple after more than a decade in the role. • • John Ternus will take over as CEO on September 1, while Cook transitions to executive chairman.

Apple CEO Tim Cook is stepping down, John Ternus set to replace him

Apple names insider John Ternus to succeed Tim Cook as CEO

JUST IN: John Ternus will take over as CEO of Apple, while Tim Cook will become Executive Chairman effective September 1, 2026.

Tim Cook will no longer lead Apple and will change his position Apple will now be led by 65-year-old John Turnus, who will succeed Tim Cook as CEO. Cook himself will take over as executive chairman on September 1. Interestingly, Apple's market capitalization has increased approximately 24-fold under Cook, closing at $4 trillion on Monday.

Tim Cook is leaving his post as Apple's CEO and will be replaced by John Ternus.

A shakeup at Apple:

Tim Cook to step down as CEO of Apple: ‘the greatest privilege of my life’

Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1.

BREAKING: Apple CEO Tim Cook steps down. Cook has served as CEO since taking over for Steve Jobs in 2011.

BREAKING: JOHN TERNUS IS SUCCEEDING TIM COOK AS CEO OF APPLE, $AAPL, WITH COOK ASSUMING THE ROLE OF EXECUTIVE CHAIRMAN ON SEPTEMBER 1, PER CNBC ...

TIM COOK TO STEP DOWN AS APPLE CEO

Apple CEO Tim Cook is stepping down, with John Ternus set to take over, 9to5Mac reports.

JUST IN: APPLE NAMES JOHN TERNUS AS NEW CEO, REPLACING TIM COOK WHO WILL TRANSITION TO EXECUTIVE CHAIRMAN. ...

JUST IN: • • TIM COOK IS STEPPING DOWN AS THE CEO OF APPLE $AAPL • • Apple just announced that John Ternus will replace Tim Cook as the next CEO of Apple, effective September 1st • • Cook will become the executive chairman of Apple's board of directors

BREAKING: Tim Cook to become Apple $AAPL Executive Chairman. John Ternus named CEO effective September 1. • • Cook will remain CEO through the summer to oversee the transition. Arthur Levinson to become lead independent director. Ternus to join Apple’s board. • • Transition approved unanimously by the board.

JUST IN: • • TIM COOK IS STEPPING DOWN AS THE CEO OF APPLE $AAPL • • Apple just announced that John Ternus will replace Tim Cook as the next CEO of Apple effective September 1st. • • Cook will become the executaive chairman of Apple's board of directors

APPLE: AS EXECUTIVE CHAIRMAN, COOK WILL ASSIST WITH CERTAIN ASPECTS OF THE COMPANY, INCLUDING ENGAGING WITH POLICYMAKERS AROUND THE WORLD. $AAPL • • APPLE: JOHN TERNUS TO BECOME APPLE CEO, COOK TO BECOME EXECUTIVE CHAIRMAN. $AAPL - FINANCIALJUICE ...

Apple Inc: as Executive Chairman, Cook Will Assist with Certain Aspects of Co, Including Engaging with Policymakers Around the World

Apple Inc - Names John Ternus as CEO and Tim Cook as Executive Chairman Effective September 1, 2026

Apple’s, $AAPL, Tim Cook is not expected to step down as CEO any time soon, per Bloomberg

*APPLE’S COOK TAPS TERNUS TO OVERSEE HARDWARE, SOFTWARE DESIGN *APPLE’S TERNUS ADDS DESIGN DUTIES IN NEW SIGN OF CEO CANDIDACY *APPLE’S TIM COOK NOT EXPECTED TO STEP DOWN AS CEO IMMINENTLY

*APPLE’S TIM COOK NOT EXPECTED TO STEP DOWN AS CEO IMMINENTLY

Apple’s Tim Cook is not expected to step down as ceo imminently, Ternus adds design duties in a new sign of CEO candidacy. $AAPL

$AAPL - *APPLE'S JOHN TERNUS FRONT-RUNNER TO SUCCEED TIM COOK: NYT