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Strategy

Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO

Tim Cook hands Apple's leadership to hardware executive John Ternus in September 2026, signaling a strategic pivot from operations-focused management toward hardware-driven product innovation.

Monday, April 20, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline

Tim Cook is stepping down as Apple CEO after 15 years, transitioning to executive chairman in September 2026. Hardware executive John Ternus becomes the new CEO, marking a shift toward hardware-focused leadership. The transition signals potential strategic changes in Apple's product direction.

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