Tim Cook is set to step down as head of Apple Inc., marking the end of a long and defining era for the company.
Apple confirmed that Cook will leave the CEO role on September 1, 2026. He will transition into executive chairman, while senior executive John Ternus takes over leadership.
Cook stepped in back in 2011 after Steve Jobs. During his time, Apple grew into one of the most valuable companies in the world, expanding its global reach and strengthening its product lineup.
Under his leadership, the company introduced products like the Apple Watch and AirPods. It also built a strong services business that now contributes heavily to its revenue.
Attention now shifts to what comes next. Ternus takes charge at a time when Apple faces pressure to push further into artificial intelligence and deliver new innovations beyond its core products.
Cook described his time in charge as a defining period, calling it the greatest privilege of his career.
With this leadership change, Apple enters a new phase, one that could shape its direction in the global tech space.