The topic Tim Cook stepping down in September, John Ternus confirmed as next Apple CEO is currently the subject of lively discussion — readers and analysts are keeping a close eye on developments.
This is taking place in a dynamic environment: companies’ decisions and competitors’ reactions can quickly change the picture.
Apple CEO Tim Cook is stepping down, and John Ternus is taking over. The CEO transition has quietly been underway for some time now. Starting today, the transition is happening publicly and will be complete this fall.
Apple says Tim Cook will become chairman of the board. Ternus, who was previously hardware chief, will be replaced by Johny Srouji.
The CEO change will occur later this year with Ternus set to take over for Cook on September 1, 2026. Srouji takes over for Ternus today ahead of the CEO transition.
Apple confirmed the news in an Apple Newsroom post announcing the CEO transition.
Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026. The transition, which was approved unanimously by the Board of Directors, follows a thoughtful, long-term succession planning process.
Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world.
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