Apple names insider John Ternus to succeed Tim – Business News
Apple on Monday named insider John Ternus as its subsequent CEO, tasking the long-time {hardware} chief to steer the company after Tim Cook because the iPhone maker gears up for an industry change spurred by artificial intelligence.
Cook, who has led Apple since 2011, will change into the company’s government chairman, Apple mentioned in a assertion.
The announcement comes as Apple finds itself at a crossroads whereas looking 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 mentioned John Ternus will change into CEO of the iPhone maker. Apple Inc / Shutterstock
Ternus joined Apple’s product design staff in 2001 and rose steadily by means of senior roles within the company’s {hardware} division. He finally turned a vice president in 2013, taking charge of {hardware} engineering a number of years later. In 2021, he joined the company’s government staff.
Ternus, a former champion swimmer, reigns over a portfolio that features the iPhone, iPad, Mac and AirPods. He additionally performed a central function within the high-stakes shift from Intel processors to the company’s in-house Apple silicon chips.
In latest years, Ternus has additionally change into a acquainted presence at main launch occasions. Ternus has been described as an government who’s “charismatic and well-regarded by Apple loyalists” and who’s trusted by Cook, who has granted Ternus more obligations, in accordance to Bloomberg News.
Cook, who has led Apple since 2011, will change into the company’s government chairman, Apple mentioned in a assertion. AP
Ternus joined Apple’s product design staff in 2001 and rose steadily by means of senior roles within the company’s {hardware} division. SARAH YENESEL/EPA / Shutterstock
This is a developing story. Please test back for updates.
