Starting September 1, John Ternus will become the new CEO of Apple. Tim Cook, who has led the company for 15 years, will take on the role of chairman of the board and continue to oversee relations with U.S. authorities.
Starting September 1, John Ternus will become the new CEO of Apple. Tim Cook, who has led the company since 2011 after the resignation of Steve Jobs, will take on the role of chairman of the board at Apple. This was stated in a press release from the American technology corporation, published on the night of Tuesday, April 21, reports DW.
As noted in the announcement, 50-year-old John Ternus has been with Apple since 2001 and currently serves as the company's vice president of hardware engineering.
In particular, he played a significant role in reviving sales of Mac computers, which have increased their market share in recent years, reports Reuters. Earlier, Bloomberg reported that Ternus is considered the likely successor to Cook.
Under Cook, Apple’s Stock Increased 20-Fold
65-year-old Cook has led Apple for the past 15 years and launched products such as the Apple Watch, AirPods, and Apple Vision Pro, as well as services like iCloud, Apple Pay, Apple TV, and Apple Music. During this time, the company's stock has increased twentyfold, notes Bloomberg.
According to Apple's statement, Cook will continue to oversee the company's relations with the government. In particular, he is already responsible for Apple's interactions with U.S. President Donald Trump.
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