Tim Cook, the CEO of Apple, officially announced he will step down on September 1, 2026. The company calls this shift in leadership a “thoughtful, long-term” transition, which means it was planned and not a surprise exit. Cook will become Executive Chairman of Apple’s Board of Directors after 15 years in the post. This shows that he will still be involved with the firm at a high level even if he is stepping aside from running the day-to-day operations. So, who will be Apple’s next CEO?
Tim Cook, who is 65 years old, is stepping down as CEO of Apple Inc. and taking over as Executive Chairman. This is a big change in leadership for the company. This planned transition has been in the works for years, and it shows that the board is ready for new leadership that can guide the firm through long-term objectives. Cook will no longer be in charge of day-to-day operations, but he will still be actively engaged in working with global leaders. He will use his diplomatic abilities to build connections with leaders in the US, China, and Europe.
Cook said, “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.”
Also Read: AI-powered Dell 15 with Intel Core Ultra 2 series H processors launched in India
Apple’s market value has grown from around $350 billion to more than $4 trillion during Tim Cook’s leadership. At the same time as Apple is making this change, it is also focusing on making big strides in technology, especially in hardware and artificial intelligence. The company is doing a major “Apple Intelligence” revamp and releasing new touchscreen MacBook models. This shows that it wants to be at the cutting edge of technology.
In This Article
John Ternus: Apple’s new chief executive officer (CEO)
Yes, John Ternus is officially the new CEO of Apple. He has had a long and successful career with the firm. Ternus has worked in the sector for 25 years and joined Apple in 2001. Many people, including Tim Cook, have praised his leadership style. Cook said he has “the mind of an engineer, the soul of an innovator, and the heart to lead with integrity”. Ternus’s long history and many accomplishments point to a bright future for Apple under his leadership.
Also Read: Toshiba Z670SP MiniLED TV Series with REGZA Intelligence launched in India
Tim Cook said, “John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honour. 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.”
During his time at Apple, Ternus was a crucial player in the hardware development of important devices, including the iPhone, iPad, Mac, and AirPods. He was also a strong proponent of Apple Silicon technology.
Also Read: Samsung’s 14-metre Onyx Cinema LED Display introduced at CinemaCon 2026
Other Changes
Arthur Levinson will also be moving from his job as Apple’s non-executive chairman to become the lead independent director on September 1, 2026. Ternus will also join Apple’s board of directors on the same day. The firm is also making changes to its leadership. Johny Srouji has been promoted to Chief Hardware Officer, and Tom Marieb has been named the new head of Hardware Engineering, taking over for Ternus in that role.
