Tim Cook steps down as Apple CEO after 1,000% growth; John Ternus named successor [Yahoo! Finance Canada]
Apple Inc. (AAPL)
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Source: Yahoo! Finance Canada
transition to executive chairman and John Ternus will become the next chief executive officer, effective September 1, 2026. The leadership change, which was unanimously approved by Apple's board of directors, came as a surprise to investors. Cook will continue as CEO through the summer to work closely with Ternus on the transition. Ternus, currently senior vice president of Hardware Engineering, joined Apple's product design team in 2001 and became a vice president of Hardware Engineering in 2013. He joined the executive team in 2021 and has overseen hardware engineering work across multiple product lines, including iPad, AirPods, iPhone, Mac, and Apple Watch. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world. Arthur Levinson, who has been Apple's non-executive chairman for the past 15 years, will become lead independent director on September 1, 2026. Ternus will join the board of directors on the s
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- Apple's John Ternus will run one of the world's most powerful companies; the job is a minefield [Yahoo! Finance]Yahoo! Finance
- Everything to know about Apple's incoming CEO John Ternus [Yahoo! Finance]Yahoo! Finance
- What Apple's CEO shake-up suggests about its upcoming earnings [Yahoo! Finance]Yahoo! Finance
- Apple At 50: A Leadership Shift And An AR Future [Yahoo! Finance]Yahoo! Finance
- Everything to know about Apple's incoming CEO John Ternus [Yahoo! Finance Canada]Yahoo! Finance Canada
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