Apple CEO Tim Cook speaks on stage during an announcement of new products at Apple Park in Cupertino, Calif., on Sept. 9. Godofredo A. Vásquez/AP
Godofredo A. Vásquez/AP
Tim Cook is stepping down from his role as CEO of Apple.
In a letter posted publicly on Monday, Cook said Apple will have a new leader starting in September.
“I will be transitioning into a new role, leaving the CEO job behind in September and becoming Apple’s executive chairman,” Cook, 65, said.
Cook added the company’s new CEO will be John Ternus,
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