April 20, 2026
PRESS RELEASE
Tim Prepare dinner to grow to be :br(s): :br(m): :br(l): :br(xl):Apple Govt Chairman
John Ternus
to grow to be Apple CEO
CUPERTINO, CALIFORNIA Apple introduced that Tim Prepare dinner will grow to be govt chairman of Apple’s board of administrators and John Ternus, senior vp of {Hardware} Engineering, will grow to be Apple’s subsequent chief govt officer efficient on September 1, 2026. The transition, which was authorised unanimously by the Board of Administrators, follows a considerate, long-term succession planning course of.
Prepare dinner will proceed in his function as CEO by way of the summer time as he works carefully with Ternus on a clean transition. As govt chairman, Prepare dinner will help with sure facets of the corporate, together with partaking with policymakers around the globe.
“It has been the best privilege of my life to be the CEO of Apple and to have been trusted to steer such a rare firm. I like Apple with all of my being, and I’m so grateful to have had the chance to work with a workforce of such ingenious, modern, artistic, and deeply caring individuals who have been unwavering of their dedication to enriching the lives of our prospects and creating the most effective services on the earth,” mentioned Prepare dinner. “John Ternus has the thoughts of an engineer, the soul of an innovator, and the guts to steer with integrity and with honor. He’s a visionary whose contributions to Apple over 25 years are already too quite a few to rely, and he’s with out query the best particular person to steer Apple into the long run. I couldn’t be extra assured in his talents and his character, and I look ahead to working carefully with him on this transition and in my new function as govt chairman.”
“I’m profoundly grateful for this chance to hold Apple’s mission ahead,” mentioned Ternus. “Having spent nearly my complete profession at Apple, I’ve been fortunate to have labored below Steve Jobs and to have had Tim Prepare dinner as my mentor. It has been a privilege to assist form the merchandise and experiences which have modified a lot of how we work together with the world and with each other. I’m stuffed with optimism about what we are able to obtain within the years to return, and I’m so glad to know that essentially the most proficient individuals on earth are right here at Apple, decided to be a part of one thing larger than any considered one of us. I’m humbled to step into this function, and I promise to steer with the values and imaginative and prescient which have come to outline this particular place for half a century.”
Arthur Levinson, who has been Apple’s non-executive chairman for the previous 15 years, will grow to be its lead unbiased director on September 1, 2026. Ternus will be a part of the board of administrators, additionally efficient September 1, 2026.
“Tim’s unprecedented and excellent management has reworked Apple into the world’s greatest firm. He’s launched groundbreaking services again and again, and his integrity and values are infused into every thing Apple does,” mentioned Levinson. “On behalf of your entire board of administrators, we’re extremely grateful for his numerous contributions to Apple and the world, and we’re thrilled he’ll now be govt chairman. We imagine John is the absolute best chief to succeed Tim and as he transitions to CEO we all know his love of Apple, his management, deep technical data, and relentless deal with creating nice merchandise will assist lead Apple to a rare future.”
“I need to thank Artwork for the unbelievable work he has achieved main the board of administrators for the previous 15 years,” mentioned Prepare dinner. “I’ve at all times discovered his recommendation to be invaluable and I recognize his thoughtfulness and his unwavering dedication to the corporate. I’m grateful he’ll function our lead unbiased director, and I look ahead to working with him in my new function.”
Tim Prepare dinner joined Apple in 1998. He grew to become CEO in 2011 and has overseen the introduction of quite a few services, together with new classes like Apple Watch, AirPods, and Apple Imaginative and prescient Professional, and providers starting from iCloud and Apple Pay to Apple TV and Apple Music. He was additionally instrumental in increasing current product strains. Underneath Prepare dinner’s management Apple has grown from a market capitalization of roughly $350 billion to $4 trillion, representing a greater than 1,000% improve, and yearly income has practically quadrupled, from $108 billion in fiscal yr 2011 to greater than $416 billion in fiscal yr 2025. The corporate has expanded its international footprint considerably, notably in rising markets; it’s now in additional than 200 nations and territories. Apple operates over 500 retail shops and has greater than doubled the variety of nations wherein its prospects can go to an Apple Retailer. Throughout his tenure, Apple has grown by greater than 100,000 workforce members and elevated its energetic put in base to greater than 2.5 billion gadgets.
Apple Companies has been a significant focus space of Prepare dinner’s, and through his tenure the class has grown to grow to be a greater than $100 billion enterprise, the equal of a Fortune 40 firm. Prepare dinner was additionally instrumental in creating the wearables class at Apple, which now consists of the world’s hottest watch and headphones, and which has served as the muse for Apple’s exceptional affect on the well being and security of its customers. Underneath Prepare dinner’s management, Apple additionally transitioned to Apple-designed silicon, enabling the corporate to personal extra of its major know-how and ship industry-leading features in energy effectivity and efficiency that instantly profit customers throughout its merchandise.
Prepare dinner has made Apple’s core values much more central to the corporate’s determination making and product growth. Underneath his management, the corporate diminished its carbon footprint by greater than 60 p.c under 2015 ranges throughout a interval wherein income practically doubled. Prepare dinner, who has lengthy advocated for privateness as a elementary human proper, has made privateness and safety crucial at Apple, setting a regular for person safety that continues to set the corporate aside from the remainder of the know-how {industry}. He has additionally pushed for continued innovation within the accessibility area, believing that Apple merchandise must be made for everybody. And he has made central to his management the notion that Apple must be a spot the place everybody can really feel they belong and the place everyone seems to be handled with dignity and respect.
Ternus joined Apple’s product design workforce in 2001 and have become a vp of {Hardware} Engineering in 2013. He joined the manager workforce in 2021 as senior vp of {Hardware} Engineering. All through his tenure at Apple, Ternus has overseen {hardware} engineering work on quite a lot of groundbreaking merchandise throughout each class. He was instrumental within the introduction of a number of new product strains, together with iPad and AirPods, in addition to many generations of merchandise throughout iPhone, Mac, and Apple Watch.
Ternus’s work on Mac has helped the class grow to be extra highly effective and extra well-liked globally than at any time in its 40-year historical past. That features the latest introduction of MacBook Neo, an all-new laptop computer that makes the Mac expertise much more accessible to extra individuals around the globe. This previous fall, his workforce’s efforts had been on full show with the introduction of a redefined iPhone lineup, together with the extremely highly effective iPhone 17 Professional and Professional Max, the radically skinny and sturdy iPhone Air, and the iPhone 17, which has been an unbelievable improve for customers. Underneath his management, his workforce additionally drove developments in AirPods to make them the world’s greatest in-ear headphones, with unprecedented energetic noise cancellation, in addition to the aptitude to grow to be an all-in-one listening to well being system that may function over-the-counter listening to aids.
Ternus led a lot of the corporate’s focus in areas like reliability and sturdiness, introducing new methods which have made Apple merchandise remarkably resilient. He has additionally pushed a lot of Apple’s innovation in supplies and {hardware} design which have diminished the carbon footprint of its merchandise, together with the creation of a brand new, recycled aluminum compound that has been launched throughout a number of product strains, the usage of 3-D printed titanium in Apple Watch Extremely 3, and improvements in repairability which have elevated the lifespans of a number of Apple merchandise.
Previous to Apple, Ternus labored as a mechanical engineer at Digital Analysis Techniques. He holds a bachelor’s diploma in Mechanical Engineering from the College of Pennsylvania.
This press launch accommodates forward-looking statements, inside the that means of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements embody with out limitation these about Apple’s govt succession plans. These statements contain dangers and uncertainties, and precise outcomes might differ materially from any future outcomes expressed or implied by the forward-looking statements. Extra data concerning potential dangers and different elements that would have an effect on the corporate are included in Apple’s filings with the SEC, together with within the “Threat Components” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations” sections of Apple’s most not too long ago filed periodic reviews on Type 10-Ok and Type 10-Q and subsequent filings. Apple assumes no obligation to replace any forward-looking statements or data, which communicate solely as of the date they’re made.
About Apple
Apple revolutionized private know-how with the introduction of the Macintosh in 1984. Right this moment, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Imaginative and prescient Professional. Apple’s six software program platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — present seamless experiences throughout all Apple gadgets and empower individuals with breakthrough providers together with the App Retailer, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s greater than 150,000 staff are devoted to creating the most effective merchandise on earth and to leaving the world higher than we discovered it.
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Apple
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