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Apple names hardware chief John Ternus as CEO after Tim Cook's 15-year run

9/1/2026

Apple (AAPL) is in focus following the announcement that Tim Cook is stepping down as chief executive, ending a 15-year tenure. Hardware leader John Ternus takes the role effective today.

Cook stepped into the job in 2011 under expectations that were, by accounts of that period, almost impossibly high. He was replacing Steve Jobs, Apple's visionary co-founder, who had already returned the company to form.

Jobs revitalized the Mac, launched the iPod, and oversaw the debut of the iPhone. Cook inherited a company on a blockbuster run and was measured against that standard from day one.

What followed was 15 years with a wide range of product launches, new features, and services. Many became central to what Apple is today.

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