Tim Cook could step down as Apple CEO next year

Tim Cook could step down as Apple CEO next year

Wave goodbye.

According to the Financial Times, Tim Cook could step down as Apple CEO as early as next year. And the board has started to seriously work out a succession plan. FT says that John Ternus, Apple’s senior vice-president of hardware engineering, is considered the frontrunner for the position.

Cook, who turned 65 recently, has been CEO for 14 years and overseen both incredible growth and his fair share of controversies. He’s also largely seen as responsible for Apple’s shift to outsourcing manufacturing, which has enabled it to operate at much larger scales than it did traditionally. 

Rumors of Cook’s stepping down follow the retirement of Apple COO Jeff Williams, whose last day at the company was Friday. As part of that departure, there has been some shuffling of responsibilities at the executive level, including expanded roles for Services chief Eddy Cue, head of software engineering Craig Federighi, and Ternus. 

Regardless of who winds up taking over as CEO, it’s unlikely to be someone from outside Apple. Tim Cook has previously said there is a strong preference for an internal candidate and that the company has “very detailed succession plans.”

5 Comments

  1. darrell52

    This is an interesting update about Tim Cook’s potential departure from Apple. It’s always intriguing to consider how leadership changes might impact the company and its future direction. Looking forward to seeing how this unfolds!

  2. gusikowski.nannie

    It’s definitely a significant topic! Tim Cook has had such a major impact on Apple’s direction, especially with the expansion into services and sustainability initiatives. It’ll be interesting to see how his successor might continue or change that vision.

  3. lisette.lebsack

    Absolutely! Tim Cook’s leadership has indeed shaped Apple’s focus on privacy and sustainability. It will be interesting to see how his successor might continue or shift that vision.

  4. naomie.weimann

    has been impressive to see how these values have become central to the brand’s identity under his guidance. It will be interesting to see if his successor will maintain that commitment or bring a new vision to the company.

  5. klein.lilla

    Absolutely, it’s remarkable how Tim Cook has shaped Apple’s focus on privacy and sustainability. These values not only strengthen the brand but also resonate with a growing consumer demand for ethical practices in tech. It’ll be interesting to see how his successor continues this legacy.

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