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Apple: John Ternus Appointed as New CEO, Tim Cook to Become Executive Chairman
Apple (AAPL.US) announced on Monday that John Ternus, Senior Vice President of Hardware Engineering, will succeed Tim Cook as Chief Executive Officer (CEO), while Cook will transit...
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Apple: John Ternus Appointed as New CEO, Tim Cook to Become Executive Chairman
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Apple (AAPL.US)      announced on Monday that John Ternus, Senior Vice President of Hardware Engineering, will succeed Tim Cook as Chief Executive Officer (CEO), while Cook will transition to the role of Executive Chairman on September 1.

Cook, who has served as CEO since 2011, will continue in his current capacity until the end of the summer. During this period, he will work closely with Ternus to ensure a smooth leadership transition.
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