"Tim Cook, one of the most powerful gay men in business, will step down as chief executive later this year and become executive chairman, elevating John Ternus to CEO."
"Cook, who has led Apple since 2011 after the death of co-founder Steve Jobs, will remain in the role through the summer before handing off leadership on September 1."
"Ternus, Apple's senior vice president of hardware engineering, has overseen the development of cornerstone products like the iPhone and Mac."
Tim Cook will transition from CEO to executive chairman of Apple later this year, with John Ternus taking over as CEO on September 1. Cook has led Apple since 2011 and will continue to influence the company's long-term strategy. He has maintained a relationship with the Trump administration, despite claiming not to be political. Ternus, previously senior vice president of hardware engineering, has been instrumental in developing key products like the iPhone and Mac.
Read at Advocate.com
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