Apple's new Chief Executive Officer

• The company's current CEO, Tim Cook, will step down from his position on August 31, 2026.

• The following day, September 1, 2026, John Ternus will assume the role of Apple's new CEO.

• Even after stepping down as CEO, Tim Cook will remain associated with the company; he will take on the role of Executive Chairman. In this capacity, he will be involved in key strategic matters and functions related to the Board of Directors.

• Meanwhile, John Ternus will assume full responsibility for the company's day-to-day operations, business strategy, and overall management.

• John Ternus is not new to Apple; he joined the company in 2001 and has been working there for over 25 years. In 2021, he was appointed Senior Vice President of Hardware Engineering.

• Throughout his long tenure, he has played a pivotal role in the development of many of the company's key products.

• John Ternus has been involved in the design and technical development of popular Apple products such as the iPhone, iPad, and Mac.

• His extensive experience in hardware and deep understanding of the company's operations are considered his greatest strengths.