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Tim Cook retirement ends a 15-year era at Apple as he transitions to executive chairman. The Silicon Review reports on John Ternus taking over as CEO on September 1, 2026, marking the company's most significant leadership change since Steve Jobs. Tim Cook is stepping down as Apple's chief executive officer after nearly 15 years at the helm, the company announced, marking the most significant leadership transition at the tech giant since Steve Jobs handed over the reins in 2011. The Tim Cook retirement will take effect on September 1, 2026, when he transitions to executive chairman of Apple's board of directors. John Ternus, Apple's senior vice president of hardware engineering, will assume the role of CEO. The transition was unanimously approved by the board following a "thoughtful, long-term succession planning process." "It has been the greatest privilege of my life to be the CEO of Apple," Cook said in a statement. "John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor. He is without question the right person to lead Apple into the future." Under Cook's leadership, Apple's market capitalization has ...