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Apple announced on April 20, 2026 that longtime hardware executive John Ternus will succeed Tim Cook as chief executive on Sept. 1, 2026, as Cook transitions to the role of executive chairman.
Ternus, 50, who joined Apple in 2001 and has been senior vice president of hardware engineering since 2021, has overseen teams behind the iPhone, iPad, Mac, Apple Watch and AirPods and led major product revamps including last year’s iPhone Air.
The move completes a planned internal succession after nearly 15 years under Cook, whose tenure saw Apple’s market value surge to roughly $4 trillion.
Apple also promoted Johny Srouji to chief hardware officer to run silicon and hardware technologies.
The leadership change comes as Apple faces mounting competitive pressure in artificial intelligence and pushes to accelerate product innovation.
Cook said he will stay through the transition and will assist with board duties and policy engagement worldwide.
The company emphasised continuity by choosing an internal product-focused leader and establishing a handover timeline to reassure investors, partners and regulators.







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