End of an Apple era: Tim Cook to step back, John Ternus named CEO

3 weeks ago 4

Tim Cook, age 65, just named the date of his retirement ... sorta. The Apple CEO is stepping back this fall to become "executive chairman," the company announced Monday.

Surprising exactly no one who was paying attention, the company also announced the name of the executive who will take the CEO role starting this fall: John Ternus, Senior Vice President of Hardware Engineering.

The transition from the Cook era to the Ternus era was approved unanimously by the Apple board, the company said.

"I love Apple with all of my being," Cook said in the announcement — and pivoted quickly to praising his successor.

"John Ternus has the mind of an engineer, ...

Source: https://mashable.com/article/apple-tim-cook-john-ternus-ceo

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