Apple announces new CEO

06:44pm, Monday, 20'th Apr 2026
On Monday afternoon Apple announced that John Ternus will be taking over as CEO following Tim Cook stepping down. This is a developing story, but you can already read Tim's letter to the Apple world,
Apple is making a major leadership change. Tim Cook is stepping down as CEO and will become executive chairman, with longtime Apple executive John Ternus set to take over.

Who is John Ternus, Apple's new CEO?

05:52pm, Monday, 20'th Apr 2026
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 ‌drive
John Ternus, Apple's senior vice president of hardware engineering, will replace Cook as Apple's chief executive officer.
Apple's corner office has been a seat from which executives like Steve Jobs changed how we interact with technology.

Apple Hardware Exec to Succeed Tim Cook as CEO

05:37pm, Monday, 20'th Apr 2026
Plus, an Iran cease-fire extension looks unlikely, and a $150 train ride to the World Cup might feel red-card worthy.
"I couldn't be happier about it," Gerber Kawasaki Wealth and Investment Management co-founder and CEO Ross Gerber says while reacting to Apple naming John Ternus as the iPhone maker's next leader, wit
This is a developing story. Check back for updates.
Apple shares declined 1% in after-hours trading on Monday after the communications hardware firm said its chief executive, Tim Cook, would step down after nearly 15 years at the helm of the world's se
Both changes take effect Sept. 1, 2026, following a unanimous board vote.
Apple announced late Monday that Chief Executive Tim Cook will step down as CEO effective Sept. 1 and become executive chairman.
Gene Munster, Deepwater, joins 'Closing Bell Overtime' with reaction to the shakeup in Apple's C-Suite as Tim Cook announced he is leaving the CEO position and becoming Executive Chairman.
John Ternus, Apple's senior vice president of hardware engineering, will assume the CEO role in September.
Apple says hardware chief John Ternus will become the next CEO on September 1. Current CEO Tim Cook will shift to the role of executive chairman.
Cook, who will assume the role of executive chair, will be succeeded by John Ternus as CEO on 1 September
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