Apple announced that Tim Cook will transition from CEO to Executive Chairman, with John Ternus, senior vice president of Hardware Engineering, becoming Apple's next CEO effective September 1, 2026. The succession follows a long-term planning process unanimously approved by the board. Cook will remain CEO through summer to ensure smooth transition.
Strategy
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.
Monday, April 20, 2026 12:00 PM UTC2 MIN READSOURCE: Daring FireballBY sys://pipeline
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StrategyApr 20
Apple CEO Tim Cook is stepping down
Apple's 14-year CEO Tim Cook steps down to executive chairman as engineer John Ternus takes the helm, marking a leadership transition that could reshape the company's strategic direction.
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