April 20, 2026
PRESS RELEASE
Tim Prepare dinner to change into :br(s): :br(m): :br(l): :br(xl):Apple Government Chairman
John Ternus
to change into Apple CEO
CUPERTINO, CALIFORNIA Apple introduced that Tim Prepare dinner will change into govt chairman of Apple’s board of administrators and John Ternus, senior vice chairman of {Hardware} Engineering, will change into Apple’s subsequent chief govt officer efficient on September 1, 2026. The transition, which was accredited unanimously by the Board of Administrators, follows a considerate, long-term succession planning course of.
Prepare dinner will proceed in his position as CEO by the summer season as he works intently with Ternus on a clean transition. As govt chairman, Prepare dinner will help with sure features of the corporate, together with participating with policymakers all over the world.
“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 really like Apple with all of my being, and I’m so grateful to have had the chance to work with a crew of such ingenious, modern, inventive, and deeply caring individuals who have been unwavering of their dedication to enriching the lives of our prospects and creating one of the best services on this planet,” 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 correct individual to steer Apple into the long run. I couldn’t be extra assured in his skills and his character, and I look ahead to working intently with him on this transition and in my new position as govt chairman.”
“I’m profoundly grateful for this chance to hold Apple’s mission ahead,” mentioned Ternus. “Having spent virtually my whole profession at Apple, I’ve been fortunate to have labored beneath 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 full of optimism about what we will obtain within the years to come back, and I’m so completely happy to know that probably the most proficient folks on earth are right here at Apple, decided to be a part of one thing larger than any one in every of us. I’m humbled to step into this position, 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 change into its lead impartial director on September 1, 2026. Ternus will be part of the board of administrators, additionally efficient September 1, 2026.
“Tim’s unprecedented and excellent management has reworked Apple into the world’s finest firm. He’s launched groundbreaking services again and again, and his integrity and values are infused into every part Apple does,” mentioned Levinson. “On behalf of the whole 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 very best chief to succeed Tim and as he transitions to CEO we all know his love of Apple, his management, deep technical information, and relentless concentrate on creating nice merchandise will assist lead Apple to a rare future.”
“I wish to thank Artwork for the unimaginable work he has achieved main the board of administrators for the previous 15 years,” mentioned Prepare dinner. “I’ve all the time 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 impartial director, and I look ahead to working with him in my new position.”
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. Below 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 12 months 2011 to greater than $416 billion in fiscal 12 months 2025. The corporate has expanded its world footprint considerably, significantly in rising markets; it’s now in additional than 200 international locations and territories. Apple operates over 500 retail shops and has greater than doubled the variety of international locations through which its prospects can go to an Apple Retailer. Throughout his tenure, Apple has grown by greater than 100,000 crew members and elevated its energetic put in base to greater than 2.5 billion gadgets.
Apple Companies has been a serious focus space of Prepare dinner’s, and through his tenure the class has grown to change into 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 outstanding affect on the well being and security of its customers. Below 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 positive factors 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 resolution making and product growth. Below his management, the corporate lowered its carbon footprint by greater than 60 p.c under 2015 ranges throughout a interval through which 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 consumer 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 house, 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 crew in 2001 and have become a vice chairman of {Hardware} Engineering in 2013. He joined the chief crew in 2021 as senior vice chairman 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 change into 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 folks all over the world. This previous fall, his crew’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 unimaginable improve for customers. Below his management, his crew additionally drove developments in AirPods to make them the world’s finest in-ear headphones, with unprecedented energetic noise cancellation, in addition to the aptitude to change into 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 lowered 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, using 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 incorporates forward-looking statements, throughout the which means of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements embrace with out limitation these about Apple’s govt succession plans. These statements contain dangers and uncertainties, and precise outcomes could differ materially from any future outcomes expressed or implied by the forward-looking statements. Extra info concerning potential dangers and different elements that might have an effect on the corporate are included in Apple’s filings with the SEC, together with within the “Threat Elements” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations” sections of Apple’s most just lately filed periodic studies on Type 10-Okay and Type 10-Q and subsequent filings. Apple assumes no obligation to replace any forward-looking statements or info, 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 folks with breakthrough providers together with the App Retailer, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s greater than 150,000 workers are devoted to creating one of the best merchandise on earth and to leaving the world higher than we discovered it.
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