""It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company," Cook said in a statement."
""I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world.""
Tim Cook is stepping down as CEO of Apple on September 1, with John Ternus, the current SVP of hardware engineering, taking over the role. Cook will become the executive chairman of Apple's Board of Directors. The transition was unanimously approved by the Board, and Cook will spend the summer transferring his responsibilities. In a statement, Cook expressed gratitude for leading Apple and praised the dedication of his team in creating exceptional products and services.
Read at Engadget
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