Apple names John Ternus as next CEO: Why what CEO Tim Cook told employees in memo that ‘now is the right time to exit’ has analysts asking questions
Apple's long-serving CEO Tim Cook is stepping down after 15 years, handing the reins to hardware chief John Ternus on September 1.
Cook will transition to executive chairman.
Ternus, instrumental in products like AirPods and Apple Silicon, inherits a company facing AI challenges and a need for new growth drivers beyond the iPhone.
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