Apple Announces Major Leadership Shake-Up as Tim Cook Steps Down as CEO and John Ternus Takes Over
Today brought one of the biggest pieces of tech news of the year, and without question, one of the biggest leadership changes in Apple’s modern history. Apple has officially announced that Tim Cook will step down as CEO on September 1, 2026 , with John Ternus set to become the company’s next Chief Executive Officer. At the same time, Cook will move into a new role as Executive Chairman of Apple’s board of directors , marking the beginning of a major new chapter for one of the biggest companies in the world. This is massive news not just for Apple fans, but for the entire tech industry. Tim Cook has been one of the defining business leaders of the modern era, serving as Apple’s CEO since 2011 and guiding the company through years of enormous growth, major product launches, worldwide expansion, and historic financial success. According to Apple, Cook will remain CEO through the summer and work closely with Ternus to help ensure a smooth transition before the handoff becomes official i...