Apple names John Ternus as next CEO.

Apple names John Ternus as next CEO. Tim Cook, who has led the tech giant since 2011, will transition to executive chairman starting September 1, 2026. Ternus, currently senior vice president of hardware engineering, will assume the chief executive role following a board-approved succession plan. Cook's move marks a significant leadership transition at one of the world's most valuable companies. Ternus brings extensive experience in product development and hardware innovation, having overseen the design and engineering of major Apple products. The succession represents a carefully planned transition rather than an unexpected departure. Cook will continue contributing to Apple's strategic direction in his new executive chairman position. This leadership change comes as Apple navigates competitive pressures in smartphones, wearables, and artificial intelligence.