Apple’s Tim Cook wraps up 15-year tenure as CEO; John Ternus readies for top job during challenging time

Source: New York Post

Apple treated Tim Cook to a farewell tour as he wrapped up his 15-year tenure as CEO on Monday and passed the reins to successor John Ternus – who faces challenges ranging from a troubled AI rollout to a worldwide memory crunch that’s forced it to hike prices. Cook and Ternus, the 51-year-old head of Apple’s hardware division, have been “inseparable at internal meetings” ahead of the leadership transition, which takes effect Tuesday, Bloomberg reported. The new CEO is expected to move into Cook’s office at the company’s headquarters in Cupertino, Calif.

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