Apple Inc. has announced a leadership transition, with Tim Cook, the current Chief Executive Officer set to become Executive Chairman, while John Ternus will take over as CEO effective September 1, 2026.
The transition, unanimously approved by the company’s Board of Directors, will see Tim Cook continue in his role through the summer, working closely with Mr. Ternus to ensure a smooth transition. In his new role, Mr. Cook will focus on engaging global policy makers, among other strategic responsibilities.
Mr. Ternus, who currently serves as the Company’s Senior Vice President of Hardware Engineering, brings a wealth of experience to the role, having spent over 25 years at Apple.
Mr. Cook expressed strong confidence in Mr. Ternus noting that he is the right person to lead the firm.
“John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor. He is a visionary whose contributions to Apple over 25 years are already too numerous to count, and he is without question the right person to lead Apple into the future,” said Mr. Cook.
Apple’s Incoming CEO’S Remarks
On his part, Mr. Ternus expressed deep gratitude for the opportunity to lead the firm. He emphasized his commitment to advancing the company’s mission and expressed his optimism about Apple’s future.
“I am profoundly grateful for this opportunity to carry Apple’s mission forward. Having spent almost my entire career at Apple, I have been lucky to have worked under Steeve Jobs and to have had Tim Cook as my mentor. It has been a privilege to help shape the products and experiences that have change so much of how we interact with the world and with one another. I am filled with optimism about what we can achieve in the years to come,” said Mr. Ternus.
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