Apple has confirmed a major leadership change, announcing that Tim Cook will step down as CEO. The statement has also confirmed both his successor and the timeline for the leadership transition. The move marks a significant shift at the company, with details now in place regarding who will take over the role.

Tim Cook stepping down as Apple CEO, replacement confirmed

Tim Cook is set to step down from his role as chief executive of Apple, with John Ternus confirmed as his successor. The leadership change will take effect on September 1, 2026, marking the end of Cook’s tenure as CEO after nearly 15 years in the position.

Cook will continue to lead Apple through the summer, working alongside Ternus to ensure a smooth handover. After the transition, he will assume the position of executive chairman of the board, where he is expected to remain involved in select areas of the company’s operations, including external engagement and long-term strategic matters.

In his statement, Cook reflected on his time as CEO, describing the role as the most significant chapter of his career. He added, “I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people.” He also voiced strong support for Ternus, highlighting his experience within the company.

Ternus, who currently serves as senior vice president of Hardware Engineering, expressed appreciation for the opportunity. He said, “I am profoundly grateful for this opportunity to carry Apple’s mission forward. Having spent almost my entire career at Apple, I have been lucky to have worked under Steve Jobs and to have had Tim Cook as my mentor.”

The transition also brings changes to the board. Arthur Levinson will move from his position as non-executive chairman to become lead independent director. Meanwhile, Ternus will join the board upon assuming the CEO role.