Apple's Tim Cook is stepping down as CEO later this year — here's the Apple veteran next up

Apple says Tim Cook will step down as CEO later this year after a transition period.

John Ternus is set to become Apple’s next CEO on Sept. 1, 2026, with Cook moving to executive chairman.

Johny Srouji will take over Ternus’ hardware responsibilities as part of the leadership reshuffle.

The change marks Apple’s first major top-level leadership transition in about 15 years.