Tim Cook officially stepped down as CEO of Apple on Tuesday, September 1, 2026, after nearly 15 years leading the company.💥👈
• New CEO: John Ternus succeeded him as CEO. Ternus previously served as the company’s senior vice president of Hardware Engineering.
• Tim Cook’s new role: Cook has not left the company entirely; he has moved into the role of executive chairman (or chairman of the board).
• Achievements during his leadership: Apple’s revenue grew nearly fourfold, and its market value surged past $4 trillion during his tenure, which began in August 2011 when he succeeded the late company co-founder Steve Jobs.
• Salary and compensation details: In his new role on the board, Tim Cook will receive an annual salary of $2 million, along with stock awards worth up to $45 million. His successor, John Ternus, will receive a base salary of $3 million and stock awards worth up to $55 million (for total compensation of up to $58 million). #Apple100B #AppleVisionPro
• New CEO: John Ternus succeeded him as CEO. Ternus previously served as the company’s senior vice president of Hardware Engineering.
• Tim Cook’s new role: Cook has not left the company entirely; he has moved into the role of executive chairman (or chairman of the board).
• Achievements during his leadership: Apple’s revenue grew nearly fourfold, and its market value surged past $4 trillion during his tenure, which began in August 2011 when he succeeded the late company co-founder Steve Jobs.
• Salary and compensation details: In his new role on the board, Tim Cook will receive an annual salary of $2 million, along with stock awards worth up to $45 million. His successor, John Ternus, will receive a base salary of $3 million and stock awards worth up to $55 million (for total compensation of up to $58 million). #Apple100B #AppleVisionPro