Apple CEO Tim Cook to Step Down: John Ternus to Take Over as CEO

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Apple CEO Tim Cook to Step Down: John Ternus to Take Over as CEO

Apple CEO Tim Cook is set to step down from his position, with John Ternus slated to take over the role. The news was initially reported by Mark Gurman at Bloomberg, who has been a reliable source for Apple-related updates. As part of the CEO succession plan, Cook will transition to the role of chairman of the board. Ternus, who previously served as the hardware chief, will be succeeded by Johny Srouji. The official CEO transition is scheduled to take place later this year, with Ternus assuming the CEO position on September 1, 2026.

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