Who is John Ternus, set to replace Tim Cook as Apple CEO?
Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign
Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign
Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign
Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign
Apple CEO Tim Cook is all set to step down from the job he inherited from the late Steve Jobs 15 years ago. Cook will hand over the CEO duties to Apple's head of hardware engineering, John Ternus, on September 1. He will, however, the company’s executive chairman, much like what Amazon's Jeff Bezos and Netflix's Reed Hastings did stepped down as CEOs.
For a company which was on the brink of bankruptcy during the mid-1990s, Apple saw its market value rise by more than $3.6 trillion during Cook’s tenure. He was recruited by Jobs from Compaq, and made his reputation at Apple by building out its supply chain with contract manufacturers in China. Even today, despite opening assembly operations in India and Vietnam, Apple still sources several key parts and subsystems from China. Cook was the first Fortune 500 CEO to come out as gay in 2014 and took public stances on workplace diversity and corporate sustainability.
The choice of Ternus as the next CEO seems like the next natural step as far the company’s future is concerned. The long-time hardware chief will be tasked with steering the company after as the iPhone maker prepares for industry-wide shifts driven by artificial intelligence.
Ternus holds a bachelor's degree in Mechanical Engineering from the University of Pennsylvania, and worked as a mechanical engineer at Virtual Research Systems, before joining Apple's product design team in 2001. He became a vice president of hardware engineering in 2013. The 50-year-old joined the company's executive team in 2021, when he took on his current role of senior vice president of hardware engineering, reporting to Cook.
Ternus has overseen some of Apple's most prominent hardware ventures in recent years, including the teams behind the iPhone, iPad, Mac, Apple Watch and AirPods. He has played a key role in reviving sales of products such as Apple's Mac computers, which have gained market share in recent years.
Ternus most recently showed the company's iPhone Air, the biggest revamp of the iPhone since 2017.
Apple also said that Johny Srouji, who has overseen Apple's custom chip and sensor designs, has been named chief hardware officer. Srouji will continue to oversee that group, along with the hardware engineering group that Ternus once led, which will now be overseen by Tom Merieb.