India, April 21 -- Tim Cook is set to transition from his role as CEO to executive chairman of Apple's board from September 1, 2026. This major leadership change has been approved by the company's board and follows a carefully planned long-term succession strategy. Jhon Ternus's term as CEO will start from 1 September. This hardware engineering executive has been a long time Apple insider, he showcased his performance beneficial for the company and assured that the company will stay the course that has led to record profits under Cook's leadership

Cook will continue as CEO through the summer months, working closely with his successor to ensure a smooth leadership handover. In his new role, he will remain involved in key areas, including ...