The Board of Directors approved the transition unanimously. Ternus has spent 25 years at Apple, joining the company in 2001. He was promoted to senior vice president of Hardware Engineering in 2021.

Cook became CEO in 2011. Under his leadership, Apple grew from a market capitalization of approximately $350 billion to $4 trillion today. The company’s yearly revenue also surged from $108 billion in fiscal year 2011 to more than $416 billion in fiscal year 2025.

Ternus has overseen hardware engineering work on groundbreaking products across every category. He will join the board of directors effective September 1, 2026. Arthur Levinson will become Apple’s lead independent director on the same date.

Tim Cook expressed his gratitude, stating, “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company.”

Ternus shared his appreciation as well: “I am profoundly grateful for this opportunity to carry Apple’s mission forward.” He acknowledged having worked under Steve Jobs and Tim Cook during his career at Apple.

Arthur Levinson praised Cook’s leadership: “Tim’s unprecedented and outstanding leadership has transformed Apple into the world’s best company.” This transition signals a new chapter for Apple as it continues to innovate under Ternus’s guidance.

Details remain unconfirmed regarding specific strategies Ternus plans to implement. However, expectations are high given his extensive experience within the company.

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These smart glasses, codenamed N50, are expected to showcase advanced technology that could redefine user interaction with digital content. Interestingly, Cook’s own glasses may serve as a preview of what is to come, hinting at Apple’s commitment to innovation in augmented reality.

In addition to product developments, Cook has recently congratulated the Artemis II crew following their successful return to Earth. This mission is part of NASA’s broader Artemis program, which aims to return humans to the Moon. Cook praised the stunning images captured during the mission, highlighting how astronauts utilized iPhones to document their journey, showcasing the integration of Apple technology in significant historical events.

Reflecting on his tenure, Tim Cook has served as CEO for 12 years, surpassing his initial plan to serve for only 10 years. He has expressed a desire for the next CEO of Apple to be someone who is deeply integrated into the company, ensuring continuity in leadership and vision.

Cook has also shared his personal connection to Apple, stating, “I cannot imagine my life without working at Apple.” This sentiment underscores his dedication to the company and its future.

As Tim Cook continues to lead Apple, the company is poised for significant advancements, particularly with the upcoming smart glasses. However, details about their features and capabilities remain unconfirmed. The tech community will be watching closely as Apple navigates its future under Cook’s stewardship.

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