Apple CEO Tim Cook Stepping Down, John Ternus Taking Over
www.macrumors.com
Apple CEO Tim Cook is stepping down as Apple's chief executive officer, and hardware engineering chief John Ternus is set to take over, Apple announced today. Cook will continue on as Apple CEO through the summer, with Ternus set to join Apple's Board of Directors and take over as CEO on September 1, 2026. Cook is going to transition to executive chairman, and he will "assist with certain aspects of the company, including engaging with policymakers around the world".
  • Horsey@lemmy.world
    111·
    3 days ago

    It’s genuinely insane to me that he’d want to be in that role for so long. Like what do you even need past 10M$ of net worth lmao.

    • alia@nord.pubEnglish
      22·
      3 days ago

      Maybe he enjoys his job. Or the power it gives him.

  • DoctorNope@lemmy.world
    52·
    3 days ago

    From the Apple press release:

    Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world.

    I guess Tim isn’t ready to give up handling the bribes just yet.