Ternus Formally Replaces Cook as Apple CEO
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John Ternus, the Apple’s former senior vice president of hardware engineering, was named the tech company’s new CEO effective Tuesday. After 15 years at the helm, Tim Cook has stepped down as head of the computer company.
Ternus, who first joined Apple in 2001 on the product design team, takes over a company currently valued at $4.6 trillion. Following news of the succession, Apple’s stock rallied nearly 3 percent as of Tuesday afternoon.
Cook succeeded Steve Jobs, Apple’s founder, in Augu
Ternus, who first joined Apple in 2001 on the product design team, takes over a company currently valued at $4.6 trillion. Following news of the succession, Apple’s stock rallied nearly 3 percent as of Tuesday afternoon.
Cook succeeded Steve Jobs, Apple’s founder, in Augu
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