Tim Cook shares open letter of gratitude as he announces Apple CEO transition

Apple said Tim Cook will move to executive chairman in September, ending his 15-year run as CEO.

John Ternus, Apple’s longtime SVP of Hardware Engineering, will take over as CEO.

Cook’s public letter thanked customers and reflected on a tenure that helped shape the iPhone era, Apple silicon, AirPods, Apple Watch, and Vision Pro.

The leadership shift signals Apple’s next phase under a hardware-focused executive.