John Ternus to become Apple CEO Tim Cook and John Ternus at Apple Park. CUPERTINO, CALIFORNIA Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on . Apple CEO Tim Cook is stepping down as Apple's chief executive officer, and hardware engineering chief John Ternus is set to take over, Apple announced today.

Understanding the Context

Cook will continue on as Apple CEO ... Tim Cook, the executive who led Apple to become a $4 trillion company and defined its identity in the post-Steve Jobs era, is stepping down as CEO, Apple said on Monday. Apple CEO Tim Cook to step down after more than a decade Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company's market value soar by more than $3.6 trillion ... Apple CEO Tim Cook to step down, ending nearly 15-year reign ...

Key Insights

- PBS Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity. Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1. Apple taps John Ternus as CEO to replace Tim Cook, becoming chairman - CNBC 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 on Monday. Tim Cook to step down as Apple CEO, with John Ternus tapped as ...

Final Thoughts

Apple CEO Tim Cook is stepping down, with the company announcing on Monday that John Ternus will take his place as the head of the technology giant. Cook will become the executive chairman of Apple’s board of directors, the company said. Ternus will officially become CEO on Sept. 1. " It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such ...