Apple has announced that its Chief Executive Officer, Tim Cook, will step down from his role on September 1, 2026, after more than a decade at the helm.
The company disclosed that Cook will transition to the position of executive chairman, where he is expected to continue supporting the company and engaging with global policymakers.
Apple
Apple’s Senior Vice President of Hardware Engineering, John Ternus, has been named as his successor and will assume the role of CEO on the same date.
Apple
Cook, who became CEO in 2011 following the death of co-founder Steve Jobs, led the company through a period of significant growth, transforming it into one of the world’s most valuable firms and expanding its product and services ecosystem.
Business Insider +1
In a statement, Cook described his time as CEO as “the greatest privilege” of his life, expressing confidence in Ternus to lead the company into its next phase.
Apple
Ternus, a long-time Apple executive who joined the company in 2001, has played a key role in the development of major hardware products and is expected to steer the company amid growing competition and technological shifts, particularly in artificial intelligence.
The Washington Post
The transition is part of a long-term succession plan approved by Apple’s board.
