Apple announced a historic leadership transition on April 20, 2026, marking the end of Tim Cook’s fifteen-year tenure as Chief Executive Officer.
The company confirmed that John Ternus, currently the senior vice president of hardware engineering, will succeed Cook on September 1.
Cook will transition into the role of executive chairman of the board, ensuring a smooth handoff for the tech giant.
This move represents the first change in leadership at Apple since Steve Jobs stepped down in 2011.
Under Cook’s leadership, Apple transformed into a global powerhouse with a market valuation exceeding $4 trillion.
His tenure saw the successful launch of the Apple Watch and AirPods, which redefined the wearables market.
Revenue nearly quadrupled during his time at the helm, solidifying Apple’s position as one of the most profitable companies in history.
John Ternus is widely respected for his deep understanding of the company’s hardware ecosystem after two decades at Apple.
He has overseen the engineering of the iPhone, Mac, and iPad, making him a central figure in product development.
At 15 years younger than Cook, Ternus is viewed as a leader who can guide Apple through new technological shifts.
One of the primary challenges facing the new CEO will be accelerating Apple’s efforts in artificial intelligence.
Industry analysts have noted that Apple faces pressure to integrate advanced AI features across its entire product lineup.
Cook expressed his gratitude in a farewell message, describing his leadership as the greatest privilege of his life.
He emphasized his confidence in Ternus and the rest of the executive team to continue delivering world-class products.
As part of the transition, Johny Srouji is expected to take on expanded responsibilities within the hardware division.
The board of directors stated that the transition plan has been in development to ensure operational stability.
Investors reacted with a mix of caution and optimism, noting Cook’s legendary efficiency in supply chain management.
Ternus is expected to bring a product-focused perspective to the CEO office, potentially shifting the company’s internal culture.
Fans and critics are watching to see if this change will lead to more aggressive innovation in hardware design.
The transition period will last throughout the summer, allowing Ternus to integrate before the fall product launches.