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Steady20 stories9 sourcesLast updated: 5/3/2026

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Apple's Tim Cook to Step Down, John Ternus Named New CEO Effective September 2026
Developing
Business·5/3/2026AI summary

Apple's Tim Cook to Step Down, John Ternus Named New CEO Effective September 2026

Apple announces major leadership transition as Tim Cook steps down as CEO effective September 1, 2026, with John Ternus, senior vice president of Hardware Engineering, set to succeed him. Cook will become executive chairman of Apple's board. Both leaders reflected on their experiences working under late co-founder Steve Jobs, with Cook sharing Jobs gave him crucial advice to 'never ask what I would do, just do the right thing.'

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Times of India
Palmer Luckey Congratulates Incoming Apple CEO John Ternus with Throwback to VR Engineering Days
Tech
5/2/2026AI summary

Palmer Luckey Congratulates Incoming Apple CEO John Ternus with Throwback to VR Engineering Days

Palmer Luckey, founder of Oculus, congratulated incoming Apple CEO John Ternus on social media by sharing a throwback to Ternus's early engineering work at Virtual Research in the late 1990s. Luckey posted a photo of the V8 head mount display, noting Ternus may have been the lead mechanical engineer on the device. Ternus joined Apple in 2001 and rose through the ranks to become VP of Hardware Engineering in 2013, overseeing products including iPad, AirPods, iPhone, Mac, and Apple Watch.

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Times of India
Tim Cook Steps Down as Apple CEO, John Ternus to Take Over in September
Urgent
Business·4/25/2026AI summary

Tim Cook Steps Down as Apple CEO, John Ternus to Take Over in September

Tim Cook announced he will step down as Apple CEO effective September 1, 2026, with John Ternus, currently Senior Vice President of Hardware Engineering, taking over. Cook, who has led Apple since 2011, will become executive chairman. Under Cook's leadership, Apple's market cap grew from $350 billion to $4 trillion. The 51-year-old Ternus, a 25-year Apple veteran who worked under both Steve Jobs and Tim Cook, will become Apple's eighth CEO and oversee the iPhone 18 series launch.

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Times of India
Apple CEO Transition Faces Security Test as Fake Crypto Apps Steal Millions
Developing
Business·4/22/2026AI summary

Apple CEO Transition Faces Security Test as Fake Crypto Apps Steal Millions

Apple announced John Ternus will become CEO by Sept. 1, 2026, with Tim Cook moving to executive chairman. The leadership transition coincides with a major security crisis: cybersecurity researchers discovered 26 fraudulent crypto wallet apps impersonating MetaMask, Ledger, Trust Wallet, and Coinbase, linked to a malware campaign called SparkKitty. American musician G. Love lost 5.9 Bitcoin (~$436,000) after downloading a fake Ledger app, highlighting the immediate challenge facing Ternus.

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CryptoSlate
Apple Announces Leadership Shuffle: John Ternus to Become CEO, Johny Srouji Promoted to Chief Hardware Officer
Developing
Business·4/21/2026AI summary

Apple Announces Leadership Shuffle: John Ternus to Become CEO, Johny Srouji Promoted to Chief Hardware Officer

Apple announced John Ternus as its new CEO replacing Tim Cook from September 1, alongside promoting Johny Srouji to chief hardware officer. Srouji, who previously led Hardware Technologies and developed Apple's first A4 chip in 2008, will now oversee both Hardware Engineering and hardware technologies organizations. Tom Marieb will lead hardware engineering and report to Srouji.

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Times of India
Apple CEO Tim Cook to Step Down, John Ternus Named Successor
Urgent
Business·4/22/2026AI summary

Apple CEO Tim Cook to Step Down, John Ternus Named Successor

Tim Cook announced he will step down as Apple CEO later this year, transitioning to executive chairman. After 15 years at the helm since taking over from Steve Jobs in 2011, Cook praised Apple's culture and team, stating the company's future has never looked brighter. John Ternus, senior vice president of hardware engineering, will become the next CEO. Cook will remain CEO through the summer to ensure a smooth transition.

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Times of India
John Ternus to Succeed Tim Cook as Apple CEO in September
Urgent
Business·4/21/2026AI summary

John Ternus to Succeed Tim Cook as Apple CEO in September

Apple announced that John Ternus, the company's senior vice president of hardware engineering, will become CEO on September 1, succeeding Tim Cook after 15 years. Ternus, 51, has worked at Apple for 25 years, joining the product design team in 2001. He rose to VP of hardware engineering in 2013 and SVP in 2021. He led development of AirPods, Apple Watch, Vision Pro, and the MacBook Neo, and oversaw Apple's transition from Intel chips to Apple silicon.

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TechCrunch
Apple CEO Tim Cook to Step Down in September 2026, Succeeded by John Ternus
Developing
Business·4/21/2026AI summary

Apple CEO Tim Cook to Step Down in September 2026, Succeeded by John Ternus

Apple announced CEO Tim Cook will step down on September 1, 2026 and be succeeded by John Ternus, senior vice president of Hardware Engineering. Cook, who became CEO in 2011, will become executive chairman of the board. Under Cook's leadership, Apple's market capitalization grew from $350 billion to $4 trillion, with annual revenue nearly quadrupling. The transition was approved unanimously by Apple's Board of Directors.

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TASS
Apple Names John Ternus as New CEO, Succeeding Tim Cook After Nearly 15 Years
Developing
Business·4/20/2026AI summary

Apple Names John Ternus as New CEO, Succeeding Tim Cook After Nearly 15 Years

Apple announced Monday that John Ternus, head of hardware engineering, will replace Tim Cook as CEO on September 1, 2026, after nearly 15 years. Cook, 65, will become executive chair but remain engaged with policymakers globally. Ternus, 50, who has been at Apple since 2001, inherits a company worth over $4tn that faces questions about AI integration and new product demand.

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Guardian Business
Tim Cook to step down as Apple CEO, handing reins to firm’s hardware leader
NEWS
4/20/2026

Tim Cook to step down as Apple CEO, handing reins to firm’s hardware leader

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than US$3.6 trillion during an iPhone-fuelled era of prosperity. Cook, 65, will turn the CEO duties over to Apple’s head of hardware engineering, John Ternus, on September 1 while remaining involved with the Cupertino, California, company as executive chairman. That is similar to the transitions made by Amazon’s Jeff Bezos and...

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SCMP Economy