Apple CEO Tim Cook is stepping down

Apple CEO Tim Cook is transitioning out of his role, with John Ternus, the current Senior Vice President of Hardware Engineering, slated to assume the CEO position on September 1st, 2026. Cook will move to become the Executive Chairman of Apple's board. He will remain CEO through the summer to ensure a seamless handover. In his new capacity, Cook will focus on specific company matters, including engagement with global policymakers.