Tim Cook to Step Down as Apple CEO, Transition to Executive Chairman
Tim Cook, who has led Apple as CEO, told employees at an all-hands meeting that he will step down later this year and continue on as executive chairman for a long period. He will hand the reins to hardware chief John Ternus on Sept. 1.
The remarks were shared during a gathering at Apple Park’s Steve Jobs Theater, where Cook and Ternus discussed topics ranging from artificial intelligence to product roadmaps and design as part of a broader strategic conversation.
Cook emphasized that he is in good health and remains committed to guiding the company in his new role for years to come, marking a significant leadership transition for Apple and its ongoing push into AI-enabled hardware and innovative design.