Apple CEO Transition: Tim Cook Becomes Executive Chairman, John Ternus Named Next CEO

Apple announced a major leadership transition effective September 1, 2026: Tim Cook will become executive chairman of Apple’s board, and John Ternus (SVP of Hardware Engineering) will become Apple’s next CEO. Apple says the board approved the move unanimously as part of a long-term succession plan. Cook will remain CEO through the summer to support the handoff and, as executive chairman, will continue working on key priorities including engagement with policymakers worldwide. Arthur Levinson will become lead independent director, and Ternus will join Apple’s board on Sept. 1.
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