SAN FRANCISCO, April 21 -- Apple on Monday named insider John Ternus as its next CEO, tasking ‌the longtime hardware chief with steering the company ​after Tim Cook as the iPhone maker prepares for industrywide shifts driven by artificial intelligence.

The leadership change ‌marks the end of an era at one of ​the world's most iconic companies, just as rivals bet on products that use AI to loosen Apple's grip on the consumer electronics market.

Here are some ​key facts about Ternus:

Longtime veteran

Ternus joined Apple's product design team in 2001 and became a vice president of hardware engineering in 2013.

He joined the firm's executive team in 2021, when he took on his current role of ‌senior vic...