Apple Faces Historic Change: Cook Resigns, Ternus Takes Over
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A historic change is coming at Apple: CEO Tim Cook will step down on September 1, 2026, and transition to the role of Executive Chairman. After nearly 15 years at the helm and nearly two decades of influential leadership, he hands over operational responsibilities. The stock initially reacted cautiously, declining by 0.8% in after-hours trading, reflecting investors' uncertainty amid the leadership change. John Ternus Takes the Helm The new CEO will be John Ternus, who was previously Senior Vice President for Hardware Engineering. The 51-year-old...
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