Goa, April 21 -- In a major corporate development, Apple Inc. has announced that John Ternus will take over as CEO from September 1, 2026, with Tim Cook stepping into the role of executive chairman. The transition follows years of succession planning and has received full board approval.

Cook will remain at the helm during the transition period, working closely with Ternus to ensure stability. As executive chairman, he will continue to play a strategic role, particularly in global engagement and policy matters. Cook expressed deep pride in Apple's journey and described Ternus as the ideal successor.

Ternus, currently senior vice president of Hardware Engineering, has been instrumental in shaping Apple's flagship products. A longtime ins...