Apple announced Cook will step down as CEO in September to take on a new role at the company.

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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.

After 15 years at the helm, Cook will transition to executive chairman, placing the company’s future in the hands of Apple’s hardware chief.

Apple CEO Tim Cook's move to executive chair spurred commentary from tech leaders Sam Altman and Palmer Luckey.

Link to: https://truthsocial.com/@realDonaldTrump/posts/116442276577696798

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.

Tim Cook had an extraordinary run — and impeccable timing, both in terms of when he became CEO, and when he is stepping down.

John Ternus, vice president of hardware engineering, will succeed Cook as CEO on September 1.

Apple announced Cook will step down as CEO in September to take on a new role at the company.

Tim Cook's 15-year tenure at the helm of Apple was highly profitable for Wall Street, as the company's market cap swelled from $350 billion to $4 trillion.

Incoming CEO John Ternus said he was "lucky" to have worked under Apple founder Steve Jobs and considers Tim Cook his mentor.

Tech executives from Amazon, Apple, Google and Meta have dined with Trump and donated millions to his inauguration fund and the White House ballroom.