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The Economic Times

Economy / The Economic Times

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Tim Cook to step down as Apple CEO: Read his memo to employees

Apple's long-serving CEO Tim Cook is transitioning to executive chairman later this year. John Ternus will assume the CEO role on September 1, 2026. This leadership change follows a planned succession. Cook's departure marks a significant moment for the tech giant. Ternus is set to continue Apple's focus on innovation and core values.

21 Apr 2026 7:55 am