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Apple Names John Ternus CEO as Tim Cook Shifts to Executive Chairman

The board-sanctioned handover elevates a product veteran to steer Apple's response to AI lag and antitrust scrutiny.

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.