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John Ternus will be CEO of Apple when Tim Cook steps down this fall
Apple CEO Tim Cook is officially stepping down from his role on September 1, the company announced today , while current SVP of hardware engineering John Ternus will take over as the new CEO.
AI Summary
The transition of leadership at Apple is set to occur this fall, with Tim Cook stepping down as CEO on September 1. John Ternus, the current Senior Vice President of Hardware Engineering, will take over as the new CEO. This move was approved unanimously by Apple's Board of Directors. Cook will assume a new role as executive chairman of Apple's Board of Directors, and will work on transitioning his duties over the summer.
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