Monday marks Tim Cook’s last day in his 15-year tenure as the chief executive of Apple, as he prepares to hand the reins to longtime executive and engineer John Ternus.The outgoing CEO expressed gratitude in his final memo to Apple employees as he transitions to the role of executive chairman for Apple’s board of directors.“As you know, I am not leaving Apple. But I am stepping away from a role that I have loved deeply,” he wrote. “I will miss this work in ways I can only begin to imagine, even as I remain completely at peace with my decision.”
Cook said he has “enormous comfort” in giving control over the company to “someone as brilliant and wonderful and capable” as Ternus.“Few people understand what it takes to build products that change the world the way John does and I could not be more excited for his leadership,” he said.Cook became the CEO of Apple in 2011, taking over the position once held by co-founder Steve Jobs, who was dying from pancreatic cancer when Cook was named his successor. Jobs was 56. Now, Cook will have an advisory role over Apple’s future direction.What will Cook’s new role entail?
The executive chairman of the board of directors is responsible for overseeing high-level strategy and global government relations rather than managing the company’s daily operations.The chairman is also expected to provide support to the new chief executive.Cook is replacing Arthur Levinson as the board’s chairman, starting Tuesday. Levinson will stay on the board as its lead independent director.The board of directors is based at Apple Park, the corporation’s headquarters in Cupertino, California.How was his relationship with the Trump administration?
