Apple names insider John Ternus to succeed Tim Cook as CEO

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Apple names insider John Ternus to succeed Tim Cook as CEO | Latest Tech News

 Apple on Monday named insider John Ternus as its next CEO, tasking the long-time {hardware} chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence.

Cook, who has led Apple since 2011, will turn into the company’s govt chairman, Apple said in a assertion.

The announcement comes as Apple finds itself at a crossroads while looking out for growth past the iPhone. The Vision Pro headset fell short of gross sales targets, with projections cut in half, and the company has pushed back its AI-powered Siri to 2026 as rivals like Microsoft and Google speed up their artificial intelligence efforts.

Apple said John Ternus will turn into CEO of the iPhone maker. Tim Cook will turn into Apple’s govt chairman, the company said. EPA

Ternus joined Apple’s product design group in 2001 and rose steadily through senior roles in the company’s {hardware} division. He finally grew to become a vice president in 2013, taking charge of {hardware} engineering a number of years later. In 2021, he joined the company’s govt group.

Ternus, a former champion swimmer, reigns over a portfolio that consists of the iPhone, iPad, Mac and AirPods. He also performed a central position in the high-stakes shift from Intel processors to the company’s in-house Apple silicon chips.

In latest years, Ternus has also turn into a acquainted presence at major launch occasions. Ternus has been described as an govt who is “charismatic and well-regarded by Apple loyalists” and who is trusted by Cook, who has granted Ternus more obligations, according to Bloomberg News.

This is a developing story. Please test back for updates.

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