Title: Tim Cook Steps Down as Apple CEO; John Ternus to Take Over in September In an unexpected turn of events, Apple’s CEO Tim Cook has announced his decision to step down from the position he held since 2011. In a letter addressed to the Apple community, Cook revealed that starting in September, he will be transitioning into a new role as Executive Chairman and leaving behind the CEO job. The company’s new leader is set to be John Ternus, an engineer who has been with Apple for over two decades. Tim Cook took up the mantle from Apple’s co-founder Steve Jobs in 2011 after his passing. During his tenure as CEO, Cook led Apple through a period of unprecedented growth and success, turning it into one of the most valuable companies globally with its market value reaching around $4 trillion today. Under Cook’s leadership, Apple dominated the global smartphone market with their flagship product – the iPhone. Cook also made history by becoming the first CEO of a Fortune 500 company to publicly come out as gay in a personal essay published in 2014. His courageous move was widely celebrated and served as an inspiration for many within the LGBTQ community. In his letter, Cook shared some heartfelt moments from his time at Apple, highlighting how their products have touched people’s lives across the globe. He expressed gratitude for being “the leader of a company that ignites imaginations and enriches lives.” The announcement comes as a surprise to many given Tim Cook’s successful track record since taking over from Steve Jobs. However, it is not uncommon in large corporations for CEOs to step down after several years at the helm. This move could signal a new chapter for Apple under John Ternus’ leadership. As we look forward to this transition period, one thing remains certain – Tim Cook leaves behind an indelible legacy that has shaped not only Apple but also the tech industry as a whole. His contributions will be remembered and cherished by generations of innovators who aspire to make a difference in people’s lives through technology. In conclusion, while it may seem like an end of an era with Tim Cook stepping down from his role as CEO, we must remember that change is inevitable and necessary for growth. We wish both Tim Cook and John Ternus all the best in their respective roles at Apple and eagerly await what the future holds for this tech giant under new leadership.
Source: [Original Article](https://www.npr.org/2026/04/20/g-s1-118159/apple-ceo-tim-cook-stepping-down)
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