Apple announced a shakeup to its top leadership on April 20, with Tim Cook to become executive chairman of the company’s board of directors and John Ternus the next CEO.
In a statement, Apple said the decisions were unanimously approved by the board and follow a “thoughtful, long-term succession planning process.”
The pair will begin their new roles on Sept. 1.
“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,” Cook said in the statement.
“I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world.”…
