Overview
- Apple, which announced the change Monday, said John Ternus will take over as CEO on Sept. 1, 2026, and Tim Cook will remain CEO through the summer before becoming executive chairman.
- The board approved the transition unanimously, Ternus will join Apple’s board when he assumes the role, and Arthur Levinson will serve as lead independent director.
- Ternus joined Apple in 2001 and has overseen hardware engineering for iPhone, iPad, Mac, Apple Watch, AirPods, and Vision Pro.
- Apple shares fell less than 1% in after-hours trading Monday following the leadership announcement.
- Ternus steps in with pressure to speed Apple’s generative AI work, including a long-delayed Siri overhaul, and to navigate a U.S. Justice Department case that challenges Apple’s control over the iPhone.