22/04/2026
FOR IMMEDIATE RELEASE
Apple Announces CEO Transition: Tim Cook to Step Down in September 2026, John Ternus to Take the Helm
CUPERTINO:- In a landmark leadership move, Apple Inc. has confirmed that Tim Cook will step down as Chief Executive Officer on 1 September 2026, concluding a 15‑year tenure at the helm of the world’s most valuable technology company. Cook, who succeeded Steve Jobs in 2011, will hand over the reins to John Ternus, Apple’s current Senior Vice President of Hardware Engineering.
The transition marks the end of an era defined by Apple’s ascent to a $3 trillion market capitalization, the launch of the Apple Watch, AirPods, and the M‑series CHIP revolution, as well as a major push into services and augmented reality.
Ternus, a well‑respected Apple veteran known for his engineering acumen and leadership of hardware teams behind the iPhone, iPad, and Mac, will assume the CEO role effective immediately on 1 September 2026. His appointment signals Apple’s continued focus on product innovation and vertical integration.
Cook, 65, is expected to remain involved in a advisory capacity, though no formal board role has been announced. In a brief statement, Cook said, “Leading Apple has been the honor of my life. I have complete confidence that John is the right person to write Apple’s next chapter.”
Industry analysts view the succession as carefully planned, ensuring strategic continuity. The transition also coincides with Apple’s expanding manufacturing and retail footprint in emerging markets, including Bangladesh, where the company is reportedly gearing up for a major push by 2027.
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