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Cook to remain with company as new executive chair with John Ternus taking on chief role from September
Apple has announced its chief executive, Tim Cook, will step down after nearly 15 years in the top job, handing the reins to the head of hardware engineering, John Ternus.
Apple CEO Tim Cook's move to executive chair spurred commentary from tech leaders Sam Altman and Palmer Luckey.
Trump called Cook “Tim Apple” and shared the first call he received from his fellow billionaire during his first term.
The tech leader has overseen immense growth at Apple – and faced scrutiny for his ties with President Trump.
Cook exported the smartphone revolution from the US to the world and turned Apple into one of the most powerful and profitable companies on Earth
Tim Cook had an extraordinary run — and impeccable timing, both in terms of when he became CEO, and when he is stepping down.
Apple announced Cook will step down as CEO in September to take on a new role at the company.
Tech executives from Amazon, Apple, Google and Meta have dined with Trump and donated millions to his inauguration fund and the White House ballroom.