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

Follow the latest news on the major headlines of the day.

Cook to remain with company as new executive chair with John Ternus taking on chief role from September

Cook, who will assume the role of executive chair, will be succeeded by John Ternus as CEO on 1 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 announced that CEO Tim Cook will step down from the role later this year and John Ternus will take his place.

Cook will turn over CEO duties to Apple’s head of hardware engineering, John Ternus, on September 1.

The tech leader has overseen immense growth at Apple – and faced scrutiny for his ties with President Trump.

Tim Cook didn’t get to be a part of a “thoughtful, long-term succession plan” in 2011. After stepping in for Steve Jobs multiple times during the Apple co-founder’s fight wi…

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.

"[Tim] Cook is one of the best listeners I've ever encountered," says Kim Scott, author of "Radical Candor" who was a faculty member at Apple University.