This post was originally published on Neowin
We have been hearing for the past few months that Apple is preparing for CEO Tim Cook’s retirement. Rumors had noted that the next CEO would be John Ternus, Senior VP of Hardware Engineering, but that the transition may not happen in 2026. Well, the rumors were partially true, as Cook is indeed stepping down from his role, and it is happening later this year after all.
Apple has announced that Tim Cook will be retiring as Apple CEO on September 1, 2026. Until that time, he will work with Ternus to ensure a smooth transition. After that date passes, Cook will take on the role of executive chairman, the current non-executive chairman Arthur Levinson will become lead independent director, and Ternus will also join the board of directors. All these changes have been unanimously approved by the current board.
Cook is quoted as saying:
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. I love Apple with all of my being, and I am so grateful to have had the opportunity to work
— Read the rest of this post, which was originally published on Neowin.