""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," adding Ternus has the "mind of an engineer, the soul of an innovator, and the heart to lead with integrity and honor.""
"Ternus brings a combination of technical expertise and institutional knowledge to the succession conversation. According to his LinkedIn profile, the mechanical engineer joined Apple's product design team in 2001 and has overseen hardware engineering for virtually every major product in the company's current portfolio."
John Ternus will succeed Tim Cook as CEO of Apple starting September 1. Cook will transition to executive chairman while remaining CEO through the summer. Ternus, a senior vice president of hardware engineering, has been with Apple since 2001 and has played a key role in the development of major products. His leadership is anticipated to continue Apple's legacy of innovation. Industry insiders had long viewed Ternus as the likely successor, especially after Jeff Williams stepped down from operational responsibilities.
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