Apple announced on Monday that CEO Tim Cook is stepping down from the role on Sept. 1, a position he’s held since 2011.
Cook will be succeeded by senior vice president of hardware engineering John Ternus but will stay on as chairman.
Apple stock declined less than 1% in after-market trading following the news.
“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 a statement.
https://finance.yahoo.com/markets/stocks/article/apple-ceo-tim-cook-stepping-down-to-be-succeeded-by-john-ternus-204237479.html
Posted by coinfanking
2 Comments
Layoffs incoming.
Apple has been one of the few tech companies lately to not jump on the layoff train. That is about to change.
I think you meant to say John Apple is Tim Apple’s successor.