Apple CEO Tim Cook Resigns

In a landmark leadership transition, Apple Inc. announced that Tim Cook is stepping down as CEO after leading the tech giant through a period of unprecedented growth.

John Ternus, a long-time insider and head of hardware engineering, has been appointed as the next leader to guide the company through an AI-driven industry shift.

Cook will remain deeply involved with the organization by assuming the position of executive chairman of the board.

The transition follows a comprehensive long-term succession planning process approved unanimously by the board of directors.