CEO

John Ternus To Take Over As Apple CEO

John Ternus will take over as CEO, leading the company into its next phase of innovation.

Apple’s CEO is stepping down and the senior vice president of hardware engineering is set to take over. Current CEO Tim Cook announced his resignation from the position Monday. Instead, he will transition to executive chairman of the company’s board of directors. Apple said the transition followed a “thoughtful, long-term succession planning process” and was unanimously approved by the board…