Tim Cook, the long-serving chief executive of Apple, will step down from his role in September after 15 years at the helm of the California-based technology giant.
The leadership transition comes as the company faces a rapidly evolving tech landscape shaped by advances in artificial intelligence.
Cook, 65, took over leadership from Apple’s co-founder Steve Jobs and has overseen a period of significant growth and expansion.
Following his departure as CEO, he is expected to assume the position of executive board chairman.
The company announced on Monday that John Ternus, Apple’s senior vice president of hardware engineering, will succeed Cook as chief executive.
The decision addresses long-standing speculation over Cook’s successor and signals a move toward continuity with an experienced internal leader.
The transition marks a pivotal moment for Apple as it positions itself to compete in an industry increasingly defined by artificial intelligence and emerging technologies.
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