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Stockreport

Tim Cook to step down as Apple CEO, with John Ternus tapped as successor [CBS News]

Apple Inc. (AAPL)  More Company Research Source: CBS News
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Cook will become executive chairman of Apple's board of directors, replacing Arthur Levinson, the company said. Ternus, a 25-year Apple veteran, will assume the role of CEO on September 1, the company said. "It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company," Cook said in a statement. "I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world." Cook also praised Ternus, saying he "has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor." "I am profoundly grateful for this opportunity to carry Apple's mission forward," Ternus said in a statement. "Having spent almost my entire career at Apple, I have [Read more]
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Stockreport

Tim Cook to step down as Apple CEO, with John Ternus tapped as successor [CBS News]

Apple Inc.  (AAPL) 
More Company Research Source: CBS News
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Cook will become executive chairman of Apple's board of directors, replacing Arthur Levinson, the company said. Ternus, a 25-year Apple veteran, will assume the role of CEO on September 1, the company said. "It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company," Cook said in a statement. "I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world." Cook also praised Ternus, saying he "has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor." "I am profoundly grateful for this opportunity to carry Apple's mission forward," Ternus said in a statement. "Having spent almost my entire career at Apple, I have [Read more]
IMPACT SNAPSHOT
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AAPL
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
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%
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%
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TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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