Apple

Steve

<p><strong>Apple has named John Ternus as its next chief executive, with the change set to take effect on September 1, 2026.&nbsp;</strong></p>
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   <li>Apple named John Ternus chief executive, with Tim Cook moving to executive chairman on September 1.</li>
   <li>Ternus brings 25 years of hardware leadership across iPhone, Mac, AirPods, Apple Watch, and chips.</li>
   <li>The transition comes as Apple faces pressure in AI, hardware innovation, and post-iPhone growth.</li>
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<p>Tim Cook will remain CEO through the summer before moving to the role of executive chairman, a transition Apple said followed a long-term succession process approved by its board.&nbsp;</p>
<p>Cook has led Apple since 2011, when he succeeded co-founder Steve Jobs. During his tenure, Apple expanded its product and services business, and the company’s market value climbed to more than $4 trillion, <a href="https://www.apple.com/newsroom/2026/04/tim-cook-to-become-apple-executive-chairman-john-ternus-to-become-apple-ceo/?utm_source=chatgpt.com" rel="noopener noreferrer nofollow">according</a> to recent reports.&nbsp;</p>
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<h2 class="wp-block-heading" id="strong-ternus-brings-long-hardware-record-to-top-job-strong"><strong>Ternus brings long hardware record to top job</strong></h2>
<p>Ternus currently serves as Apple’s senior vice president of hardware engineering and has been with the company for about 25 years. Apple said he has played a leading role in the development of major products including iPhone, iPad, Mac, AirPods, Apple Watch, and <a href="https://crypto.news/crypto-scam-fake-ledger-app-steals-9-5-million/" rel="noopener noreferrer nofollow">Apple’s</a> custom silicon transition for Macs.&nbsp;</p>
<p>In announcing the move, Cook described Ternus as ”a visionary” with ”the mind of an engineer, the soul of an innovator and the heart to lead with integrity and honour.” Ternus, in his own statement, referred to Cook as his ”mentor” and said he was optimistic about Apple’s next phase.&nbsp;</p>
<p>The appointment places a hardware-focused executive at the top of Apple as the company faces questions about its next growth engine. Analysts cited in recent coverage said Apple remains heavily dependent on the iPhone while it works to strengthen its position in artificial intelligence and newer device categories.&nbsp;</p>
<p>Reuters reported that Ternus will take over at a time when Apple is dealing with stronger competition around AI and investor focus on how the company will integrate those tools more deeply into its products. The leadership change also follows other executive moves inside Apple, including Johny Srouji’s appointment as chief hardware officer.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-cook-stays-involved-as-apple-enters-next-phase-strong"><strong>Cook stays involved as Apple enters next phase</strong></h2>
<p>Cook will continue working with Ternus during the transition period and then remain involved in selected company matters, including policy engagement, according to Apple. That arrangement keeps Cook close to the business even as day-to-day leadership moves to Ternus.&nbsp;</p>
<p>The decision <a href="https://crypto.news/apple-ceo-tim-cook-company-sees-potential-metaverse-space/" rel="noopener noreferrer nofollow">marks</a> one of Apple’s biggest leadership changes since 2011. It also gives Ternus the task of leading the company through a period shaped by hardware competition, AI development, and pressure to produce the next major growth driver after the iPhone.&nbsp;</p>
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Apple names John Ternus as CEO as Tim Cook moves to chairman role

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