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

Apple CEO Tim Cook steps down Sept. 1; John Ternus to succeed

Tim Cook stepped down as Apple CEO effective Sept. 1, handing the role to John Ternus and leaving the new chief executive with the task of sustaining the company’s high market valuation.

AAPL

Tim Cook steps down, Sept.

1 -- After serving the company for nearly 15 years as the Chief Exec utive Officer (CEO), Tim Cook stepped down, leaving a tough job for his successor John Ternus, to keep the high market valuation of the company intact.

Widely regarded as an operations and supply-chain e…