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technologyReported

Tim Cook Steps Down as Apple CEO, John Ternus Takes Over

Apple's former hardware chief becomes CEO this week, with Cook remaining as Executive Chairman focused on policy matters, according to TechCrunch.

· 1 min read · language: en
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TechCrunch

Tim Cook has stepped down as CEO of Apple this week, handing leadership of the company to John Ternus, the company's former hardware chief, according to a report from TechCrunch.

In his first memo as CEO, Ternus reportedly promised a "huge launch next week," a timeline that places Apple's next iPhone event on his desk shortly after he assumes the role, TechCrunch reported.

Cook is not leaving the company entirely. He will remain at Apple as Executive Chairman, a position TechCrunch said will focus on policy-related matters.

The transition marks a significant leadership change at one of the world's largest technology companies, with Ternus now positioned to oversee major product launches almost immediately upon taking the helm.

Further details about the scope of Ternus's new responsibilities and Cook's specific role as Executive Chairman were not provided in the available reporting.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFR

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