Tim Cook to Become Apple Executive Chairman, John Ternus Named New CEO

Apple Announces Major Leadership Transition in 2026

Apple has officially announced a major leadership change, confirming that Tim Cook will transition to the role of Executive Chairman, while John Ternus will become the company’s new Chief Executive Officer (CEO).

The transition will take effect on September 1, 2026, following a long-term succession plan approved unanimously by Apple’s Board of Directors.

Tim Cook’s New Role as Executive Chairman

After serving as CEO since 2011, Tim Cook will step into the position of Executive Chairman. In this role, he will:

• Continue supporting Apple’s strategic direction
• Engage with global policymakers
• Assist in key company initiatives

Cook will remain CEO through the summer of 2026 to ensure a smooth leadership transition.

During his tenure, Cook transformed Apple into one of the world’s most valuable companies, expanding its product ecosystem and global reach.

John Ternus to Take Over as Apple CEO

John Ternus, currently Senior Vice President of Hardware Engineering, will take over as CEO. A long-time Apple veteran, Ternus has spent over 25 years with the company and has played a key role in developing major products.

Apple praised Ternus as:

“a visionary with the mind of an engineer and the soul of an innovator.”

His leadership marks a continuation of Apple’s internal succession strategy, ensuring stability and innovation moving forward.

Smooth Transition Planned by Apple Board

The leadership shift is part of a carefully planned succession process. Apple confirmed that:

• The decision was unanimously approved
• The transition is designed for long-term continuity
• Cook and Ternus will work closely during the handover period

This structured approach highlights Apple’s focus on maintaining stability while preparing for future challenges.

What This Means for Apple’s Future

The leadership change signals a new era for Apple as it navigates:

• Emerging technologies like AI
• Continued hardware innovation
• Global market expansion

With Cook remaining involved and Ternus stepping in as CEO, Apple aims to balance experience with fresh leadership.

Apple’s announcement marks one of the most significant leadership transitions in its history. As Tim Cook moves into the Executive Chairman role and John Ternus takes over as CEO, the company is positioning itself for sustained growth and innovation in the years ahead.