Apple Names Next Ceo; Tim Cook To Become Chairman

Apple Inc. named hardware main John Ternus arsenic nan iPhone maker’s adjacent leader, pinch Chief Executive Officer Tim Cook shifting to nan domiciled of executive chairman.

Ternus will go CEO connected Sept. 1, nan institution said successful a connection Monday. The Apple seasoned was caput of hardware engineering since 2021 and has spent 25 years focused connected merchandise improvement astatine nan iPhone maker.

Ternus’ purview complete hardware will beryllium assumed by longtime spot main Johny Srouji, who is being named main hardware serviceman and will oversee hardware engineering and silicon development.

“John Ternus has nan mind of an engineer, nan psyche of an innovator, and nan bosom to lead pinch integrity and pinch honor,” Cook said successful a statement. “He is simply a visionary whose contributions to Apple complete 25 years are already excessively galore to count, and he is without mobility nan correct personification to lead Apple into nan future.”

In nan caller executive president role, Apple said that Cook would beryllium engaging pinch policymakers astir nan world. The 65-year-old CEO already oversees Apple’s narration pinch President Trump.

Gurman writes for Bloomberg.