Pivotal Leadership Change at Apple: John Ternus Succeeds Tim Cook

In a surprise announcement Wednesday evening, April 22, 2026, Apple revealed the appointment of John Ternus as the new CEO, succeeding Tim Cook who led the company for 15 years. The change aims to lead the next phase of Apple's innovations, particularly in AI fields and confronting fierce competition from Google and Microsoft. The market reaction was positive, with the company's shares rising by 3%.