Tim Cook to step down as Apple CEO: Read his memo to employees
- Posted on April 21, 2026
- By Business News Today
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- 1 min read
In brief
Apple announces a strategic leadership transition as Tim Cook steps into the executive chairman position, while John Ternus takes over as CEO starting September 2026. This carefully planned succession reflects Apple's commitment to continuity and innovation under new vision. Ternus, who has demonstrated exceptional leadership within the company, will guide Apple through its next chapter while preserving the core values established during Cook's tenure as CEO.
Tim Cook to step down as Apple CEO: Read his memo to employees
Apple's long-serving CEO Tim Cook is transitioning to executive chairman later this year. John Ternus will assume the CEO role on September 1, 2026. This leadership change follows a planned succession. Cook's departure marks a significant moment for the tech giant. Ternus is set to continue Apple's focus on innovation and core values.
