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Apple's Tim Cook to step down as CEO after 15-year run | Collector
Apple's Tim Cook to step down as CEO after 15-year run
The Manila Times

Apple's Tim Cook to step down as CEO after 15-year run

SAN FRANCISCO,UNITED STATES — Apple's Tim Cook will step down as the California tech giant's chief executive this year, handing the top job to a company veteran as it navigates a technology landscape being upended by AI. The 65-year-old Cook, who ran Apple for 15 years after taking the reins from its visionary co-founder Steve Jobs, will be succeeded by John Ternus, a senior vice president of hardware engineering. The announcement on Monday answered long-simmering questions about who would replace Cook, who said he will step down in September to become the board's executive chairman. "It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company," Cook said in a statement. Early Tuesday, the outgoing chief executive received a tribute of sorts from Donald Trump, a self-professed "big fan" of Cook, as the tech leader built a pragmatic relationship with the US president. "I was very impressed with myself to have the head of Apple calling to 'kiss my ass'," Trump said. Last year, Cook gifted Trump a gold and glass sculpture during a meeting in the Oval Office and announced an additional $100 billion investment in American manufacturing, and in October Apple agreed to remove an app that could track US immigration agents. "Tim Cook had an AMAZING career, almost incomparable," Trump added.

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