Apple CEO Tim Cook is stepping down | The Verge
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Cook will be replaced by John Ternus, Apple’s senior vice president of hardware engineering.
Cook will be replaced by John Ternus, Apple’s senior vice president of hardware engineering.
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Apple CEO Tim Cook is stepping down and will be succeeded by John Ternus, currently Apple’s senior vice president of hardware engineering. Ternus will take over as CEO and join Apple’s board of directors on September 1st, 2026. Cook, who joined Apple in 1998 and took over as CEO from Steve Jobs in 2011, will become executive chairman of Apple’s board.
Apple has also named Johny Srouji, previously Apple’s SVP of hardware technologies, as the company’s chief hardware officer, effective immediately. Srouji will “assume an expanded role leading Hardware Engineering, which John Ternus most recently oversaw, as well as the hardware technologies organization,” Apple says.
While at the helm, Cook oversaw the introduction of products like the Apple Watch, Air Pods, Apple Vision Pro, i Cloud, and Apple Pay. Cook has also pushed Apple’s growth in services, which Apple says is a “more than $100 billion business.” Cook is staying on through the summer as CEO “as he works closely with Ternus on a smooth transition,” according to a press release. “As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world.”
Ternus came to Apple in 2001 as part of Apple’s product design team, became its VP of hardware engineering in 2013, and was elevated to Apple’s executive team as SVP of hardware engineering in 2021. Apple says he was “instrumental” in the introduction of products like the i Pad and Air Pods and also worked on “many generations of products across i Phone, Mac, and Apple Watch.”
It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world. 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. I could not be more confident in his abilities and his character, and I look forward to working closely with him on this transition and in my new role as executive chairman.
It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world.
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. I could not be more confident in his abilities and his character, and I look forward to working closely with him on this transition and in my new role as executive chairman.
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 Steve Jobs and to have had Tim Cook as my mentor. It has been a privilege to help shape the products and experiences that have changed 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, and I am so happy to know that the most talented people on earth are here at Apple, determined to be part of something bigger than any one of us. I am humbled to step into this role, and I promise to lead with the values and vision that have come to define this special place for half a century.
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 Steve Jobs and to have had Tim Cook as my mentor. It has been a privilege to help shape the products and experiences that have changed 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, and I am so happy to know that the most talented people on earth are here at Apple, determined to be part of something bigger than any one of us. I am humbled to step into this role, and I promise to lead with the values and vision that have come to define this special place for half a century.
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