Tim Cook announces his departure as Apple CEO on August 31, 2026, after nearly 15 years of leadership, handing the reins to John Ternus. In his final message, Cook expressed gratitude to the Apple community and excitement for the next chapter. Cook transformed Apple into a global powerhouse, significantly expanding its market dominance beyond the iPhone.
Background
Tim Cook has served as Apple's CEO since Steve Jobs' passing in 2011, steering the company through massive growth in revenue, services, and market capitalization. John Ternus, previously head of hardware engineering, steps up as the new CEO.
- Source
- The Verge
- Published
- Sep 1, 2026 at 12:30 AM
- Score
- 9.0 / 10