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Tim Cook Steps Down as Apple CEO, John Ternus Named Successor

The change hands operational control to a longtime Apple engineer while Cook moves into the executive chairman role to focus on policy and privacy as the company scales AI work.

Overview

  • Tim Cook has left the CEO role and become Apple’s executive chairman while John Ternus, a 25-year Apple engineer, has taken over as chief executive.
  • Cook said he began nearly every morning for 15 years by reading emails from Apple customers, a practice he called central to staying grounded as CEO.
  • The company’s immediate priorities under Ternus include accelerating AI development and integrating recent talent-focused deals such as the reported purchase of Israeli start-up Q. AI.
  • Cook’s leadership helped expand Apple from roughly $350 billion in market value to a multi-trillion-dollar company and to annual revenue growth that industry reports say approached $416 billion by 2025.
  • Cook built a public identity around strong user privacy and public policy advocacy, and he will retain responsibilities for government outreach and corporate principles in his new role.