Apple has announced that John Ternus, Senior Vice President of Hardware Engineering, will replace Tim Cook as CEO effective September 1, 2026. Cook will remain with the company in an executive chairman role.

In a statement, Cook expressed his gratitude for leading such an extraordinary company and praised his team's dedication to innovation and customer enrichment. Ternus echoed these sentiments, promising to lead Apple with the same values that have defined it over half a century.

This transition has been anticipated for some time, given Cook’s long tenure as CEO. His role shift aligns with the changing landscape of corporate leadership in tech giants.

Under Ternus’ new role, he will be expected to continue Apple's commitment to innovation and uphold its values in a rapidly evolving technological world.