What is an executive chair, Tim Cook's new position?
Tim Cook will transition from CEO to Executive Chair of Apple's Board of Directors on September 1, 2026. John Ternus will succeed him as CEO, while Arthur Levinson will become Lead Independent Director. The role of Executive Chair is unprecedented at Apple and its specific responsibilities remain undefined in the company's bylaws.
- ▪Tim Cook will step down as CEO on August 31, 2026, and become Executive Chair on September 1.
- ▪John Ternus, currently Senior Vice President of Hardware Engineering, will take over as CEO.
- ▪The Executive Chair position at Apple is unprecedented and its responsibilities are not clearly defined in the company's bylaws.
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What exactly is an executive chair, Tim Cook’s new position? Apr. 21, 2026 On April 20, Apple announced that Tim Cook will step down as CEO on August 31 and, effective September 1, become Executive Chair of the Board of Directors. John Ternus, currently Senior Vice President of Hardware Engineering, will succeed Cook as CEO and join the board. Arthur Levinson, who has been Apple’s chairman since November 2011, will become Lead Independent Director. Cook’s departure from the CEO role is not exactly news; media outlets have been reporting on it since late last year. Still, as the CEO who took the reins from Steve Jobs and steered Apple through multiple pivotal moments, whatever role Cook assumes next is bound to attract attention.
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