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Tim Cook Has Left 'Big Shoes' To Fill, Says Dan Ives — Gene Munster And Sam Altman React To The Handoff A

The hardware chief who joined Apple in 2001 will take over as the company faces delays in artificial intelligence features.

  • On Monday, Apple named John Ternus as its new CEO, effective Sept. 1, while Tim Cook transitions to executive chairman of the Board of Directors. Cook will continue through summer to ensure a smooth transition.
  • This leadership change ends Cook's 15-year run as CEO, marking the first transition since he replaced Steve Jobs in 2011. Under his stewardship, Apple launched the Apple Watch, AirPods, and Vision Pro.
  • Ternus, currently Senior Vice President of Hardware Engineering, joined Apple in 2001 and was described as "instrumental" to the iPhone and AirPods. He was recently featured at the MacBook Neo launch.
  • As executive chairman, the 65-year-old Cook will assist Apple with specific aspects, serving as a de-facto ambassador to policymakers worldwide. Apple implied he will continue engaging with global leaders in this capacity.
  • While Apple shares appreciated more than 1,700% under Cook, the company has struggled recently with artificial intelligence adoption. Apple delayed AI-powered Siri's rollout multiple times, and its AI chief departed at the end of 2025.
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After fifteen years at the head of Apple, Tim Cook will give over the management to John Ternus on September 1. This pure product of the company will have to find new relays of growth, and clarify the strategy in artificial intelligenceA believe Tim Cook, his successor is the perfect man. "John Ternus has the spirit of an engineer, the soul of an innovator and the heart necessary to lead with integrity and honor," said, on the night of Monday to…

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NBC News broke the news in United States on Monday, April 20, 2026.
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