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Apple CEO Tim Cook to Step Down; John Ternus to Become Next CEO

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Key summary

2 min read
  1. Apple announced that on Sept. 1, 2026, Tim Cook will move to board chairman and John Ternus will become the next CEO.

  2. Ternus currently serves as senior vice president of hardware engineering and has led key product development efforts.

  3. The move marks a major long-term leadership transition, drawing attention to Apple’s continuity and future product strategy.

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