John Ternus Becomes New CEO of Apple
John Ternus officially took over as CEO of Apple on September 1, 2026, succeeding Tim Cook, who led the company for 15 years and grew its market capitalization to over $4.6 trillion. Ternus, a longtime Apple executive who joined the company in 2001, is expected to prioritize product design and innovation during his tenure.
With high expectations from investors accustomed to consistent performance, Ternus faces challenges in areas where Cook excelled, including finance and supply chain management. Following the leadership transition, Apple’s share price increased by 2.8%, indicating initial market approval of the change.
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