Apple has announced a major leadership transition in which Tim Cook will become Executive Chairman of Apple’s board of directors and John Ternus, Senior Vice President of Hardware Engineering, will become the next Chief Executive Officer, effective 01/09/2026.

The decision was approved unanimously by the Board of Directors following a long-term succession planning process. Cook will continue as CEO through the summer of 2026 to support a smooth transition with Ternus.

Apple Announces Leadership Transition

Apple confirmed that Tim Cook will transition from CEO to Executive Chairman, while John Ternus will assume the role of CEO. The leadership change follows a structured succession plan designed to ensure continuity at the company.

Cook will remain CEO until the transition date and will work closely with Ternus during the handover period. The Board of Directors approved the decision unanimously after extensive planning.

Tim Cook’s New Role as Executive Chairman

Tim Cook will take on the role of Executive Chairman after stepping down as CEO. In this position, he will continue to support Apple in selected areas, including engagement with global policymakers.

Cook described his time as CEO as “the greatest privilege of my life,” expressing gratitude for the opportunity to lead Apple. He also stated his confidence in the company’s future leadership under Ternus.

Arthur Levinson, Apple’s non-executive chairman, praised Cook’s leadership, saying his tenure transformed Apple into “the world’s best company” and highlighting his integrity and contributions.

John Ternus to Become CEO of Apple

John Ternus will officially become Apple’s Chief Executive Officer on the effective transition date. He will also join Apple’s board of directors at the same time.

Ternus expressed gratitude for the appointment, noting his long career at Apple and mentorship under Steve Jobs and Tim Cook. He stated that he is “profoundly grateful for this opportunity” and committed to continuing Apple’s mission.

Cook described Ternus as a visionary leader with strong engineering expertise and said he is confident in his ability to lead Apple into the future.

Board and Leadership Comments on Transition

The Board of Directors expressed strong support for the transition. Arthur Levinson stated that Ternus is the “best possible leader” to succeed Cook and highlighted his technical expertise and leadership qualities.

Cook also thanked Levinson for his leadership of the board over the past 15 years and expressed appreciation for his guidance and continued role as lead independent director after the transition.

PHOTO: ADAM GRAY/BLOOMBERG/GETTY IMAGES

This article was created with AI assistance.

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