**Tim Cook to Transition to Executive Chairman Role as John Ternus Becomes Apple CEO**
Apple Inc. has revealed a major change in leadership as Tim Cook, the company’s long-time CEO, is set to resign. Starting September 1, 2026, John Ternus, who is currently the Senior Vice President of Hardware Engineering, will assume the position of Chief Executive Officer. Cook will move into the role of Executive Chairman of Apple’s Board of Directors.
This change has been planned for some time, with Cook remaining in his CEO role over the summer to facilitate a smooth transition to Ternus. In his new position, Cook will concentrate on collaborating with global policymakers and other key initiatives.
**Leadership Transition Details**
The announcement was made through an official release on Apple’s Newsroom, confirming the unanimous decision by the Board of Directors. Cook shared his appreciation for the chance to lead Apple, stressing his dedication to the company and its mission. He commended Ternus as a visionary leader with profound insights into engineering and innovation.
Ternus, who has dedicated nearly 25 years to Apple, conveyed his enthusiasm for the chance to guide the company into the future. He recognized the impact of both Steve Jobs and Tim Cook on his career and committed to maintaining the principles that have characterized Apple.
**Tim Cook’s Tenure at Apple**
Tim Cook has led Apple since August 2011, following the death of Steve Jobs. Under his guidance, Apple’s market value surged from around $350 billion to an astounding $4 trillion. Cook has overseen the introduction of several groundbreaking products, including the iPhone, Apple Watch, and AirPods, as well as the conversion of the Mac to Apple silicon.
Moreover, Cook has propelled Apple’s growth in services, significantly boosting revenue from the App Store and launching platforms like Apple Music and Apple TV.
**Looking Ahead**
As Cook readies to step down, he will still play an essential role in steering the company as Executive Chairman. His final day as CEO will be August 31, 2026, marking the conclusion of a significant era for Apple. The leadership change is set to bring about a new phase for the tech giant, with Ternus leading the way in innovation and strategy.
For more information, the complete announcement is available on Apple’s official Newsroom page.