Apple announced on Monday that Tim Cook will step down as Chief Executive after 15 years leading the company. John Ternus, a longtime hardware executive, has been named as his successor. Cook will transition into the role of executive chairman in September.
In a letter to shareholders, Cook praised Ternus’s character and integrity, stating that the executive deeply understands the company’s identity and mission. The transition marks a significant leadership shift for the technology giant as it moves into its next era.
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Source · Fortune
