Why is Tim Cook stepping down? What he plans to do at his Palm Springs vacation home after Apple exit
Apple’s long-term CEO Tim Cook has officially stepped down, passing on the role to John Ternus.
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.
