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John Ternus Takes Over as Apple CEO From Tim Cook

John Ternus Takes Over as Apple CEO From Tim Cook
John Ternus takes over as Apple CEO: Net worth, marriage, career; why Apple chose him to succeed Tim Cook · livemint.com

John Ternus is the new boss of Apple.

He took over from Tim Cook on Tuesday, September 1.

Cook had led Apple for 15 years and is moving into an executive chairman role.

Ternus has worked at Apple since 2001.

He helped lead the teams that built important products such as the iPhone, iPad, Mac and Apple Watch.

He is an engineer who knows how Apple designs products and develops its chips.

Apple chose him because he already understands the company from the inside.

His job will include guiding Apple’s future products and artificial intelligence plans.

The change moves Apple from an operations-focused leader toward a more product- and engineering-focused one.

Key facts

New CEO
John Ternus
Previous CEO
Tim Cook, who served as CEO for 15 years and became executive chairman
Apple start date
Ternus joined Apple in 2001
Education
Bachelor’s degree in mechanical engineering from the University of Pennsylvania, earned in 1997
Senior vice president role
Ternus became senior vice president of Hardware Engineering in 2021
Estimated net worth
Celebrity Net Worth estimates Ternus’s net worth at $75 million
Reported Cook compensation
Tim Cook received approximately $74.6 million in total remuneration last year, including a $3 million base salary and stock awards

Quotes

Tim Cook

Apple’s outgoing chief executive

“John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honour. He is a visionary whose contributions to Apple over 25 years are already too numerous to count, and he is without question the right person to lead Apple into the future.”
livemint.com

Sources

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