CUPERTINO, April 21 — Apple has announced a major leadership transition, confirming that Tim Cook will step into the role of executive chairman while John Ternus takes over as chief executive officer effective September 1, 2026.
The decision, unanimously approved by the board, follows a long-term succession plan, with Cook continuing as CEO through the summer to ensure a smooth handover.
In his new role, Cook will remain actively involved in guiding the company, particularly in global policy engagement.
Ternus, currently senior vice president of Hardware Engineering, brings over two decades of experience at Apple and has played a key role in shaping many of its flagship products.
Cook described leading Apple as the “greatest privilege” of his life, expressing full confidence in Ternus as the right leader for the future.
Ternus, who worked closely with both Cook and Apple co-founder Steve Jobs, said he is honored to take on the role and remains committed to the company’s innovation-driven mission.
Under Cook’s leadership since 2011, Apple expanded significantly, growing its market value to around $4 trillion, launching new product categories.
And strengthening its global presence across more than 200 markets. The transition also sees longtime chairman Arthur Levinson becoming lead independent director.
While Ternus joins the board, marking a new chapter for the tech giant’s leadership.
