Apple has announced that Tim Cook will step down as CEO on September 1, 2026, with John Ternus, the current head of hardware engineering, set to succeed him. Cook will transition to the role of executive chairman, focusing on global policy engagement. This leadership change, approved by the board, is part of a long-term succession plan. Arthur Levinson will become the lead independent director. Cook has been Apple’s CEO since 2011. Ternus, known for his product-focused approach, will join the board before taking over as CEO. He is expected to oversee the launch of the iPhone 18 Pro and Apple’s first foldable iPhone. Johny Srouji will assume an expanded role as Chief Hardware Officer, reporting to Ternus. Cook praised Srouji’s impact on Apple’s silicon strategy. Cook expressed gratitude for his time as CEO, while Ternus looks forward to leading Apple with optimism and a commitment to its values.
Is Tim Cook Stepping Down as Apple CEO?
