Business & Economy · 18 views
Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO
Tim Cook is stepping down as Apple’s chief executive after 15 years leading the iconic company, with longtime Apple hardware executive John Ternus taking the reins as the new CEO in September, the company announced on Monday.
Summary
Tim Cook is stepping down as Apple’s chief executive after 15 years leading the iconic company, with longtime Apple hardware executive John Ternus taking the reins as the new CEO in September, the company announced on Monday. The CEO change at the $4 trillion company was approved unanimously by Apple’s board of directors after a “thoughtful, long-term succession planning process,” the company said.
AI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedMore from Business & Economy
Continue reading recent Business & Economy coverage
- Stock futures are little changed after losing session; Brent crude tops $99 per barrel: Live updatesContinue reading
- How to invest in a booming stock market that’s way cheaper than the S&P 500Continue reading
- ‘I’m the executor’: My two siblings and I inherited an IRA. Can we just cash it out?Continue reading
- Peru’s monetary system would not work in VenezuelaContinue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow