Engineer to take helm of Apple as Tim Cook steps down
Tim Cook is to resign as Apple CEO, with head of hardware engineering John Ternus succeeding him on 1 September. Cook, who succeeded Apple co-founder Steve Jobs in 2011, will stay on at the company in the role of executive chair. The announcement was made on Apple’s website, where Cook said that his tenure as CEO had been the “greatest privilege of my life”. “I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative and deeply caring people,” he said. Cook has been at Apple for 28 years, having joined in 1998 to oversee the company’s worldwide operations, including its global supply chain and manufacturing. He became chief operating officer in 2005, before succeeding Steve Jobs as CEO six years later…