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Arthur D. Levinson

Arthur D. Levinson

Outgoing non-executive chairman; incoming lead independent director, Apple board

Appears in 1 story

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Apple names hardware chief John Ternus as next CEO, ending Tim Cook's 15-year run

Money Moves

Transitioning to lead independent director September 1, 2026

Apple has had exactly three chief executives in its 50-year history. On April 20, 2026, it named its fourth: John Ternus, the 51-year-old mechanical engineer who has led Apple's hardware engineering division since 2021 and spent 25 years at the company. Tim Cook, who took over from Steve Jobs in 2011 and grew Apple from a $350 billion company to a $4 trillion one, will step down as chief executive on August 31 and become executive chairman of the board.

Updated 2 days ago