Apple Appoints John Ternus as New CEO; Tim Cook to Become Executive Chair

Apple announced a significant leadership succession plan, appointing John Ternus, Senior Vice President of Hardware Engineering, as its next Chief Executive Officer. Current CEO Tim Cook will transition to the role of Executive Chair of the Board. The changes are scheduled to take effect on September 1, 2026.

Key Details

• New CEO: John Ternus, Apple's current SVP of Hardware Engineering, will be appointed CEO and will also join the Board of Directors.
• Transition Date: All leadership changes are effective September 1, 2026.
• Board Changes: Tim Cook will become Executive Chair, while current Chair Art Levinson will transition to the role of Lead Independent Director.