Tim Cook Steps Down as Apple CEO, John Ternus Set to Take Helm

Tim Cook, who has led Apple since 2011, announced his last day as chief executive on August 31, 2026. In a brief message to staff, he thanked the company community and said his title would change the next day. Cook’s tenure saw Apple grow into a global powerhouse, dominating daily life for billions. The Verge notes that John Ternus will become the new CEO, though details of his appointment are pending. The transition marks the first change in Apple’s top leadership since Steve Jobs. Analysts will watch how Ternus steers product strategy and corporate culture in the coming months.