India, April 21 -- A major leadership overhaul is underway at Apple, with Tim Cook stepping down as Chief Executive Officer (CEO) of the tech giant.

Ternus's appointment will take effect on September 1, 2026.

Tim Cook to Become Executive Chairman

In his new role, Tim Cook will serve as Executive Chairman of Apple's Board of Directors.

Cook will continue as CEO through the summer, working closely with Ternus to ensure a smooth leadership transition.

As executive chairman, Cook will assist in selected areas of the company, including engagement with policymakers globally.

Cook Reflects on His Tenure

Praising his successor, Cook added:

"John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integ...