Archive · 21 Jan 2026
Tim Cook May Step Down as Apple CEO
Tim Cook, who has been the CEO of Apple for over a decade, might be stepping down from his role this year.
He has told senior executives that he plans to reduce his responsibilities and could leave the top job, but he might stay connected to Apple as the chairman of the board.
Under Tim Cook’s leadership, Apple has grown a lot, becoming one of the most valuable companies in the world.
People are now wondering who will replace him.
One possible successor is John Ternus, who is in charge of making Apple’s products like the iPhone and Mac.
Apple has not officially announced a successor yet, but they are believed to have a plan for a smooth transition.
Meanwhile, Apple has revealed that Tim Cook earned over $74 million in 2025, which includes his salary, bonuses, and stock awards.
Most of his earnings are tied to how well the company does over time.
Tim Cook may step down as Apple CEO and reduce his responsibilities this year.
He is expected to remain connected to Apple, possibly as the chairman of the board.
Under Tim Cook’s leadership, Apple’s value has grown from $350 billion to over $4 trillion.
John Ternus, senior vice president of hardware engineering, is a potential successor.
Tim Cook earned over $74 million in 2025, including a base salary of $3 million, a cash bonus of $12 million, and stock awards worth $57.5 million.
- Who
- Tim Cook, Apple CEO, and potential successors like John Ternus
- What
- Tim Cook may step down as Apple CEO and reduce his responsibilities
- When
- Sometime in 2026, ahead of the annual shareholders’ meeting in February 2026
- Where
- Apple Inc., Cupertino, California
- Why
- To reduce responsibilities and possibly transition to a different role within the company
- Current CEO
- Tim Cook
- Potential Successor
- John Ternus
- Company Value Growth
- From $350 billion to over $4 trillion
- Tim Cook's 2025 Earnings
- $74 million
- Base Salary
- $3 million
- Cash Bonus
- $12 million
- Stock Awards
- $57.5 million
- Annual Shareholders’ Meeting
- February 2026