New Apple CEO John Ternus takes over from Tim Cook, ending 15-year tenure
Apple's new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook's 15-year tenure during which the company's value skyrocketed to $4.6 trillion thanks to the iPhone's enormous popularity.
Tim Cook, who has served as Apple's CEO for 15 years, has officially announced his resignation. This move is not a complete exit from the company; he will remain as executive chairman. The reason behind Cook's decision to step down has not been disclosed. However, it has been reported that he plans to spend more time at his vacation home in Palm Springs, California, and engage in outdoor activities.
Cook shared his final days as CEO in an X post, expressing his gratitude to the Apple community and thanking John Ternus for taking over the role. In an emotional farewell memo to employees, Cook thanked them for the incredible journey and expressed his excitement for the next chapter. He emphasized that he will miss leading the company and being with the team but remains completely at peace with his decision.
Cook's farewell message highlighted his immense respect for Ternus and his confidence in his leadership abilities.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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