Apple Announces New CEO
Apple has appointed John Ternus as its new chief executive officer, succeeding Tim Cook, who will transition to the role of executive chairman at the technology company.
Ternus, who currently leads hardware engineering at Apple and has been with the company for 25 years, is set to assume the CEO position on 1 September.
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Leadership Transition Details
Tim Cook has been at the helm of Apple since 2011, following the resignation of the late Steve Jobs due to health issues.
Cook will remain as chief executive through the summer to collaborate with Ternus on the leadership transition. Afterward, he will continue to support the company in specific areas.
"[Cook] will assist with certain aspects of the company, including engaging with policymakers around the world."
