Apple CEO Tim Cook to Step Down, John Ternus Named New Chief

Apple CEO Tim Cook holds an iPhone 17 during an Apple special event at Apple headquarters in Cupertino, Calif., on Sept. 9, 2025. Justin Sullivan/Getty ImagesApple announced a shakeup to its top leadership on April 20, with Tim Cook to become executive chairman of the company’s board of directors and John Ternus the next CEO.In a statement, Apple said the decisions were unanimously approved by the board and follow a “thoughtful, long-term succession planning process.”