Apple CEO Tim Cook dinner is formally stepping down from his function on September 1, the company announced today, whereas present SVP of {hardware} engineering John Ternus will take over as the brand new CEO. Cook dinner will transition to a brand new function as govt chairman of Apple’s Board of Administrators. The corporate says the transfer was “authorised unanimously” by Apple’s Board, and that Cook dinner will work on transitioning his duties over the summer season.
“It has been the best privilege of my life to be the CEO of Apple and to have been trusted to guide such a rare firm,” Cook dinner mentioned in a press release. “I really like Apple with all of my being, and I’m so grateful to have had the chance to work with a crew of such ingenious, modern, inventive, and deeply caring individuals who have been unwavering of their dedication to enriching the lives of our clients and creating the perfect services and products on this planet.”
Cook dinner grew to become CEO of Apple in 2011 following the dying of co-founder Steve Jobs, and he led the cost for Apple’s post-iPhone and iPad period by launching the AirPods, Apple Watch and Imaginative and prescient Professional. He additionally pushed the corporate into being extra of a service supplier with the launch of Apple TV and Apple Music. Whereas he’s had a powerful popularity as a logistics-oriented govt, Cook dinner has been criticized for missing the product imaginative and prescient that Jobs was recognized for.
Ternus, then again, has been centered on product design since becoming a member of Apple in 2001. He grew to become VP of {hardware} engineering in 2013, and later transitioned to a senior govt function in 2021. Ternus was additionally prominently featured on the MacBook Neo launch a couple of months in the past, the place Apple introduced a low-cost but high-quality pocket book that encapsulates its distinctive place within the PC business.
“I’m profoundly grateful for this chance to hold Apple’s mission ahead,” Ternus mentioned in a press release. “Having spent nearly my total profession at Apple, I’ve been fortunate to have labored beneath Steve Jobs and to have had Tim Cook dinner as my mentor. It has been a privilege to assist form the merchandise and experiences which have modified a lot of how we work together with the world and with each other.”
Cook dinner revealed a community letter timed for the announcement, which we’ve included beneath:
To the Apple neighborhood:
For the previous 15 years I’ve began nearly each morning the identical means. I open my e mail and I learn notes I acquired the day earlier than from Apple’s customers all around the world.
You share little items of your lives with me and inform me belongings you need me to learn about how Apple has touched you. Concerning the second your mother was saved by her Apple Watch. Concerning the good selfie you captured on the summit of a mountain that appeared unattainable to climb. You thank me for the methods Mac has modified what you are able to do at work and typically give me a tough time as a result of one thing you care about isn’t working prefer it ought to.
In each a kind of emails I really feel the beating coronary heart of our shared humanity. I really feel a way of deepening obligation to work more durable and push additional. However most of all, I really feel a gratitude that I can’t put into phrases, that I one way or the other bought to be the individual on the opposite finish of these emails, the chief of an organization that ignites imaginations and enriches lives in such profound methods it defies description. What an honor and a privilege it has been.
At present we introduced that I’m taking the subsequent step in my journey at Apple. Over the approaching months I will probably be transitioning into a brand new function, leaving the CEO job behind in September and changing into Apple’s govt chairman. A brand new individual will probably be getting into what I do know in my coronary heart is the perfect job on this planet. That chief is John Ternus, an excellent engineer and thinker who has spent the previous 25 years constructing the Apple merchandise our customers love a lot, obsessive about each element, centered on each doable means we will make one thing higher, bolder, extra lovely, and extra significant. He’s the proper individual for the job.
John cares a lot about who we’re at Apple, what we do at Apple, who we attain at Apple, and he has the center and character to guide with extraordinary integrity. I’m so proud to name him Apple’s subsequent CEO. This firm will attain such unbelievable heights beneath his management, and you’ll really feel his influence in each bit of pleasure and discovery that grows out of the services and products to return. I can’t wait so that you can get to know him like I do.
This isn’t goodbye. However at this second of transition, I wished to take the chance to say thanks. Not on behalf of the corporate, this time, although there’s a wellspring of gratitude for you that overflows inside our partitions. However merely on behalf of me. Tim. An individual who grew up in a rural place in a distinct time and, for these magical moments, bought to be the CEO of the best firm on this planet. Thanks for the arrogance and kindness you’ve proven me. Thanks for saying hello to me on the road and in our shops. Thanks for cheering alongside me after we unveiled a brand new services or products. Thanks, most of all, for believing in me to guide the corporate that has at all times put you on the middle of our work. Day-after-day we stand up and take into consideration what we will do to make your life a bit bit higher. And on daily basis, you’ve made mine the perfect I might have requested for.
Thanks.
In the meantime, the newly named chief {hardware} officer, Johny Srouji, reportedly instructed workers that his division’s workers members will probably be divided to work on 5 key areas. In accordance with Bloomberg, staffers engaged on {hardware} will probably be organized into {hardware} engineering, silicon, superior applied sciences, platform structure and undertaking administration groups. Apple reportedly plans so as to add hundreds of workers to work on its iPhones, iPads, Macs, Watches and different merchandise, as effectively.
Replace, April 21, 2026, 8:05AM ET: This story has been up to date so as to add details about the {hardware} crew’s new construction.
