Tim Cook is stepping down as Apple CEO after 15 years, effective September 1, with John Ternus (senior VP of hardware engineering) taking over. Under Cook's leadership, Apple grew from $350 billion to $4 trillion market cap, with net income increasing 699% despite COVID-19 and geopolitical challenges. Ternus will lead one of the world's most influential technology companies.
Strategy
A look at Tim Cook’s 15-year legacy as CEO of Apple
Tim Cook hands off Apple's helm after 15 years, transforming the company from $350B to $4T market cap, with hardware engineering SVP John Ternus succeeding him.
Tuesday, April 21, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline
Tags
strategy
/// RELATED
StrategyApr 20
Apple: ‘Tim Cook to Become Apple Executive Chairman; John Ternus to Become Apple CEO’
Hardware engineering veteran John Ternus becomes Apple CEO on September 1, 2026, after Tim Cook transitions to Executive Chairman, completing a long-planned succession.
StrategyApr 20
Tim Cook stepping down as Apple CEO, John Ternus taking over
Apple's hardware engineering veteran John Ternus takes the CEO role from Tim Cook on September 1, 2026, marking a strategic shift toward product innovation leadership after Cook's 15-year operations-focused tenure.