Apple Names Ternus New CEO, Cook Becomes Chairman

Apple Inc. has appointed John Ternus, the current head of hardware engineering, as its next Chief Executive Officer, effective September 1. Tim Cook will transition to the role of executive chairman. Ternus, an Apple veteran with 25 years of experience in product development, has been leading hardware engineering since 2021. This move follows earlier reports that Ternus was considered Cook's successor. The company's statement confirmed the long-speculated leadership change, positioning Ternus to guide Apple's future product strategies.