On September 1, 2026, John Ternus will officially take over as CEO of Apple, marking a significant transition for one of the world’s most valuable companies. This change comes after Tim Cook, who transformed Apple into a $4 trillion giant—up from a mere $350 billion when he took over in 2011—steps into the role of executive chairman.
The Board of Directors approved this transition unanimously, underscoring their confidence in Ternus. With 25 years at Apple, he joined the company in 2001 and climbed the ranks to become senior vice president of Hardware Engineering by 2021. His leadership has been pivotal in developing groundbreaking products across every category.
Cook reflected on his time leading Apple, stating, “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company.” His tenure saw annual revenue soar from $108 billion in fiscal year 2011 to more than $416 billion by fiscal year 2025.
Ternus expressed his gratitude for this opportunity: “I am profoundly grateful for this opportunity to carry Apple’s mission forward.” He also acknowledged his unique position within the company, having worked under both Steve Jobs and Tim Cook. “Having spent almost my entire career at Apple, I have been fortunate to have worked under Steve Jobs and to have had Tim Cook as my mentor,” he said.
Arthur Levinson, who will become Apple’s lead independent director on the same day as Ternus’s appointment, praised Cook’s legacy: “Tim’s unprecedented and outstanding leadership has transformed Apple into the world’s best company.” This sentiment echoes throughout the tech industry as many anticipate how Ternus will navigate his new role.
The future holds uncertainties about how Ternus will steer Apple amid evolving market dynamics and competition. Yet, with his extensive experience and deep roots in the company, many believe he is well-equipped for the challenge ahead.
