Tim Cook steps down as Apple CEO, replaced by John Ternus

Summarised from 2 outlets · 4 reports · Updated 8 Oct, 20:07 · Archive

Tim Cook stepped down as Apple CEO on 1 September, succeeded by former hardware chief John Ternus.

Tim Cook stepped down as Apple CEO on 1 September, succeeded by John Ternus, who was previously Apple's hardware engineering chief. Cook took the role of executive chairman.

In an interview with The Independent at Apple's UK headquarters in Battersea Power Station, Cook described the transition as an 'interesting' process that he wanted to be 'a textbook example that people could look back to and learn from'. He said the transition 'started years ago' and that 'everything has gone sort of exactly the way I had envisioned it'. Cook explained that he stepped down just eight days before Ternus unveiled the iPhone Duo, saying he wanted to give Ternus 'wind at his back' during a strong product cycle.

Cook advised Ternus to shape the role independently rather than following his example. 'The advice I've given him is, make it your own job. Put your time in the things that you can add the most value to around the company. And that means don't mimic me. Just like I didn't mimic Steve,' Cook said, referring to his predecessor Steve Jobs.

In his new role, Cook said he and Ternus have 'an incredible level of trust' and communicate 'frequently and significantly'. Cook emphasized he is 'not meddling' with Ternus' work, and is focusing on worldwide policy and relations with governments around the world.

How it is being reported

• Apple Has a New M&A Chief as Ternus Reshuffles LeadershipCEO John Ternus is making changes to Apple's leadership, reports Bloomberg . Apple veteran Steve Smith will take over mergers and acquisitions and corporate development, which was previously led by Adrian Perica. M&A is an important team at Apple, handling acquisitions and arrangements like the deal Apple had with OpenAI to add ChatGPT to Siri . Perica will stay at Apple to oversee iCloud , Fitness+, and Apple News , which he has done since 2023, and will now report to App Store and services lead Eddy Cue . While Perica reported to Tim Cook in his M&A role, Smith will report to Apple CFO…MacRumors · 8 Oct, 19:54
• Tim Cook says ‘I’m not meddling’ in the new Apple CEO’s businessTim Cook stepped down as Apple CEO in September, handing over the top job to former hardware chief John Ternus and taking an executive chairman role. Cook's still a visible representative of the company, having been recently photographed attending a state dinner at the White House. But in an interview with The Independent, Cook says […]The Verge · 8 Oct, 19:48
• Tim Cook Says He's 'Not Meddling' With Apple's New CEO John TernusIn his new role as the executive chairman of Apple's board of directors, Tim Cook told The Independent 's David Phelan that he is "not meddling" with Apple's new CEO John Ternus. "First of all, John and I have an incredible level of trust in each other," said Cook. "The relationship must be based on trust, and the communication must be frequent and significant. But other than that, what I'm focused on right now is worldwide policy. And the interface with governments around the world matters because there are lots of things where we're trying to advance or advocate for change. There's a…MacRumors · 8 Oct, 19:16
• Tim Cook Explains Why He Stepped Down as Apple CEO Before iPhone Duo LaunchThe Independent 's David Phelan on Wednesday interviewed Apple's executive chairman Tim Cook at Apple's U.K. headquarters in the Battersea Power Station, and one of the topics they discussed was John Ternus taking over as Apple's CEO. Ternus, who was previously Apple's hardware engineering chief, succeeded Cook as Apple's CEO on September 1 . Cook said the transition "started years ago." "It's been an interesting transition," said Cook. "We really set out to have the best transition ever, a textbook example that people could look back to and learn from. It actually started years ago.…MacRumors · 8 Oct, 19:05

In this story: Tim Cook · John Ternus · Apple · Steve Jobs

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