Apple has announced that CEO Tim Cook will step down from his role in September.

Cook will remain with the company as chairman.

Apple’s senior vice president of hardware engineering, John Ternus, has been announced as his successor.

“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company,” Cook said in a statement.

John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor.

He is a visionary whose contributions to Apple over 25 years are already too numerous to count, and he is without question the right person to lead Apple into the future.

I could not be more confident in his abilities and his character, and I look forward to working closely with him on this transition and in my new role as executive chairman.

Ternus has worked at Apple for over two decades and has played a key role in the development of major products, including the Mac and iPad.

Apple has named hardware chief John Ternus as its next CEO, with Tim Cook shifting to the role of executive chairman.@markgurmanbreaks down Ternus’ background. (Video originally published in March)https://t.co/iV1avc9inxpic.twitter.com/aK3Wq2Gxtf

— Bloomberg (@business)April 20, 2026

Source: The Gateway Pundit