1 day ago
Tim Cook Bids Farewell as Apple CEO, Begins Executive Chairmanship
Tim Cook is no longer the chief executive of Apple after 15 years in the job.
He said goodbye to the Apple community and thanked people for inspiring him.
Cook will become the executive chairman of Apple’s board.
John Ternus will become the new CEO on September 1.
Cook became CEO in 2011 after Steve Jobs.
During his time as CEO, Apple introduced the Apple Watch, AirPods, and Vision Pro headset.
Apple also moved its Mac computers from Intel chips to Apple’s own chips.
Cook said he is excited about the next chapter.
Tim Cook stepped down as Apple’s CEO after a 15-year tenure.
Cook said his title would change, but his love for Apple’s community would not.
He will become executive chairman on September 1 as part of a planned leadership transition.
John Ternus, Apple’s hardware engineering chief since 2021, will succeed Cook as CEO.
During Cook’s tenure, Apple launched products including Apple Watch, AirPods, and Vision Pro, while expanding services and Apple Silicon.
- Who
- Tim Cook is stepping down as Apple’s CEO, and John Ternus will succeed him.
- What
- Apple is carrying out a planned leadership transition, with Cook becoming executive chairman.
- Where
- The announcement concerns Apple Inc., based in California, and references the company’s retail expansion in Mumbai and Delhi.
- When
- Cook’s final day as CEO was Monday; Ternus is set to become CEO on September 1.
- Why
- Apple’s Board of Directors approved the change as part of a long-planned leadership transition.
Key facts
- Outgoing CEO
- Tim Cook
- Tenure
- 15 years as Apple CEO
- New role
- Executive chairman
- Successor
- John Ternus
- Transition date
- September 1
- CEO start date
- Cook became CEO in August 2011
- Notable launches
- Apple Watch in 2015, AirPods in 2016, and Vision Pro in 2024
Quotes
Tim Cook
Outgoing Apple CEO and incoming executive chairman
“Sending lots of love to the Apple community on my last day as CEO. My title changes tomorrow, but the love I have for the Apple community never will. Thank you for being a constant source of inspiration. My gratitude is endless, and I'm excited for the next chapter!”
republicworld.com
“For the past 15 years I've started just about every morning the same way.”
republicworld.com
Sources
Related news
Tim Cook Ends Apple CEO Tenure; John Ternus Takes Over
Tim Cook Steps Down as Apple CEO, Praises Successor
Tim Cook Steps Down as Apple CEO, John Ternus Succeeds
John Ternus Takes Apple CEO Role Amid Leadership Overhaul
Tim Cook Bids Farewell as John Ternus Takes Apple Helm
Tim Cook’s Emotional Farewell Marks Apple CEO Transition
Apple Sets $3 Million Salary, $55 Million Award for Ternus
John Ternus Teases Phenomenal September 9 Apple Launch
Apple Sets New CEO John Ternus and Tim Cook Pay
Ternus Takes Apple Helm, Promises Phenomenal iPhone Launch
Apple’s Value Soared Under Tim Cook, Challenges Ahead
