Apple Names John Ternus CEO in 2026; Tim Cook Becomes Executive Chairman

Apr 21 (BNP): Apple has announced that Senior Vice President of Hardware Engineering John Ternus will become CEO effective September 1, 2026, succeeding Tim Cook. Cook, who has led the company since 2011, will take on the role of Executive Chairman.

The board unanimously approved the planned transition as part of a long-term succession strategy. Arthur Levinson will become Lead Independent Director, and Ternus will join Apple’s board upon becoming CEO.

Ternus, who has led Apple’s hardware engineering since 2021, is expected to guide the company’s next phase of growth in hardware, services, and artificial intelligence. Apple said the move ensures leadership continuity and stability for the future.