Apple Is Getting a New CEO—What You Need to Know [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
Key Takeaways Apple on Monday said John Ternus, its senior vice president of hardware engineering, will succeed Tim Cook as CEO in September. Ternus has been at Apple since 2001, and is credited for playing a key role in the development of Apple's iPad and AirPods, along with several generations of products across the iPhone, Mac and Apple Watch lines. Apple is getting a new CEO. John Ternus, Apple's current senior vice president of hardware engineering, will succeed Tim Cook as CEO in September, the company said Monday. Cook, who will become executive chair of the company's board, will still "assist with certain aspects of the company, including engaging with policymakers around the world," Apple said. Why This Is Significant Though the timing of the announcement took some Apple watchers by surprise, it ends months of speculation about who would succeed Cook, and could help address some of the uncertainty around the path forward for Apple. Cook, who's stepping down a
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- Tim Cook Will Step Down As Apple CEO After Roughly 15 Years [Yahoo! Finance]Yahoo! Finance
- Tim Cook Is Stepping Down as Apple CEO, and John Ternus Is Taking Over [Yahoo! Finance]Yahoo! Finance
- Tim Cook steps down as Apple CEO [CNN]CNN
- Tim Cook steps down as Apple CEO [CNN]CNN
- The 3 Mag 7 Stocks with the Best Earnings Charts [Yahoo! Finance]Yahoo! Finance
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