Why Is Tim Cook Stepping Down as the CEO of Apple?

Tim Cook has been the face of Apple for more than a decade.Ever since Steve Jobs‘ 2011 departure, Cook has led the tech company through some of its most revolutionary innovations.

However, on April 20, 2026, the executive announced that he would be stepping down from the role of CEO this year.Here’s what we know so far about Cook’s resignation as CEO and what his next move is.

Why Is Tim Cook Stepping Down as Apple CEO? In a statement shared in an Apple press release, Cook said serving as CEO has been “the greatest privilege of [his] life” to have “been trusted to lead such an extraordinary company.” “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,” he continued.How Long Has Tim Cook Been the CEO of Apple? Cook has served as Apple’s CEO for 15 years.

He began his position in 2011 after Jobs stepped down.How Old Is Tim Cook? His Age Cook is currently 65 years old.

Who Will Be the New CEO of Apple? John Ternus will be the new CEO of Apple.Cook credited his successor as “without question the right person to lead Apple into the future.” “John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor,” Cook said in a statement, per Apple’s press release.

“He is a visionary whose contributions to Apple over 25 years are already too numerous to count, and he is without question the right person to lead Apple into the future.I could not be more confident in his abilities and his character, and I look forward to working closely with him on this transition and in my new role as executive chairman.” Who Is John Ternus? Ternus is the senior vice president of hardware engineering at Apple Inc., a posi...