Apple’s longtime chief executive Tim Cook is preparing to transition out of his leadership position, marking the end of an era for the tech giant. The 65-year-old executive will pass the CEO torch to John Ternus, who currently oversees Apple’s hardware product development, effective September 1st.
Cook won’t be leaving Apple entirely, however. He will continue his involvement with the technology company based in Cupertino, California, by taking on the role of executive chairman following the leadership change.
Ternus, who will assume the top executive position, has been leading Apple’s hardware products division and will now guide the company’s overall strategic direction as it moves forward under new leadership.
