Tim Cook to step down as Apple CEO, John Ternus set to lead tech giant shift
By
Binu Mathew
Tim Cook spent 15 years turning Apple into one of the world’s most valuable companies. Now he is handing it to the man who, more than anyone else, contributed to the hardware you could be holding in your hand.
John Ternus will succeed Cook as CEO on September 1. At the same time, Cook, 65, who took over his current role from founder Steve Jobs in 2011, will become chairman of Apple’s board of directors. It marks a shift towards a hardware-focused future.
