tim-cook-steps-down-apple-ceo-john-ternus
Briefly

tim-cook-steps-down-apple-ceo-john-ternus
"John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honour. He is without question the right person to lead Apple into the future."
"Cook told ABC's Good Morning America as recently as 17 March that reports of his departure were a rumour and that he can't imagine life without Apple."
Tim Cook will resign as Apple CEO on September 1 after nearly 15 years, during which the company's market capitalization increased from $348 billion to about $4 trillion. John Ternus, the senior vice president of hardware engineering, will take over as the fourth CEO. Ternus oversees products generating 80% of Apple's revenue and faces challenges in AI and regulation. Cook will remain as executive chairman, focusing on policy and regulatory issues. The board unanimously approved the succession, with Arthur Levinson becoming lead independent director.
Read at TNW | Apple
Unable to calculate read time
[
|
]