SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE L impact

John Ternus to lead Apple as Tim Cook becomes executive chairman

Apple’s CEO role shifts to John Ternus, with Tim Cook moving to an expanded board role as executive chairman.

AAPL

By Christine Ji and Aditi ShrikantTim Cook may be stepping down as Apple's CEO, but he's sticking around in an expanded board roleAs John Ternus, right, takes over the CEO role, Tim Cook will assume the role of executive chairman on Apple's board.Congratulations, you've just scored a big promotion…