Apple Names Ternus as Next CEO, Cook to Become Chairman
Apple(US:AAPL) Bloomberg Technology·2026-04-20 23:04Big breaking news out of Apple. Tim Cook is stepping down as CEO after 15 years in the role. He joined Apple in 1998, but he's not leaving.He joins the board as executive chair. Taking over as CEO is John Turnis, Apple's longtime head of hardware engineering. This is a big deal because Turnis is not a finance or an operations guy.He's a hardware and engineering guy. He's a product builder. He's behind the iPhone, the Mac, and iPad, and has been for years.So, what does this mean. Apple is signaling a shift. ...