Tim Cook announced his resignation as CEO of Apple in 2026

21 april 2026 в 20:13
Tim Cook announced his resignation as CEO of Apple in 2026 Tim Cook announced his resignation as CEO of Apple in 2026
Tim Cook announced that he will step down as CEO of Apple on September 1, 2026, and immediately named his successor: longtime company employee John Ternus. Cook described his successor as «undoubtedly the right person to lead Apple into the future» and «a visionary whose contributions to Apple over 25 years are already hard to count».

«John Ternus has an engineering mind, the soul of an innovator, and a heart capable of leading with honor and dignity», - Cook said in an Apple press release on April 20, 2026. «I couldn’t be more confident in his abilities and character, and I look forward to working closely with him during this transition period and in my new role as executive chairman».

In a statement released by Apple, Ternus expressed «deep gratitude for the opportunity to continue Apple’s mission».

«Having spent almost my entire career at Apple, I have been fortunate to work under Steve Jobs and have Tim Cook as a mentor», - Ternus continued. «It has been a privilege for me to help shape the products and experiences that have changed how we interact with the world and with each other. I am optimistic about what we can achieve in the future, and I am pleased to know that the most talented people on earth work at Apple, striving to be part of something bigger than each of us».

Ternus also promised to «lead with the values and vision that have defined this special place for half a century».

Below, Hollywood Life has compiled five facts about Ternus, Cook’s successor.

Ternus currently serves as Senior Vice President of Hardware Engineering at Apple. He oversees the engineering development of many of Apple’s flagship devices, including the iPhone, iPad, and Mac.

Ternus frequently appears at Apple events, presenting new products and updates to millions of viewers around the world. His presentation skills demonstrate that he can confidently lead the company.

Ternus has been with Apple for over two decades. He joined the company in 2001.

Over the years, he has risen from junior engineer to executive positions, contributing to a wide range of products and innovations.

Ternus is currently 50 years old. He was born in May 1975, which means he will turn 51 in May 2026.

Ternus is known for keeping a low profile outside of his tech career. Unlike many public figures in the tech world, he largely keeps his personal relationships out of the spotlight, focusing on his work at Apple. While some reports claim he is married, there is no verified information about his spouse or children.

With Ternus’s transition to CEO, interest in his finances is growing. His net worth is estimated to be around $ 75 million, according to Celebrity Net Worth. His wealth has largely been built through his long career at Apple, including salary, bonuses, and significant stock holdings
© Smirnova Olga

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