Tim Cook’s Transition to Executive Chairman
Tim Cook will become Executive Chairman of Apple on September 1, 2026. John Ternus will succeed him as CEO.
Breaking news, technology updates, lifestyle trends and world stories — all in one place.
Tim Cook will become Executive Chairman of Apple on September 1, 2026. John Ternus will succeed him as CEO.
Tim Cook earned a maximum bonus of $12 million for fiscal 2025 as Apple surpassed its performance targets. The company’s net sales reached $416.2 billion.