Apple names hardware chief John Ternus, 50, as CEO to replace Tim Cook, 65, who becomes executive chairman Sept. 1 after 15-year tenure that grew market cap to $4 trillion.

Apple taps John Ternus as CEO to replace Tim Cook, who will become chairman

John Ternus, senior vice president of hardware engineering at Apple Inc., during an Apple event in New York, US, on Wednesday, March 4, 2026.Adam Gray | Bloomberg | Getty ImagesApple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1.Ternus, a senior vice president of hardware engineering, will join Apple's board of directors when he becomes chief. Apple's non-executive chairman Arthur Levinson will become the iPhone maker'...