Economy · World
Apple appoints John Ternus as CEO, Tim Cook becomes executive chairman
Tim Cook stepped down after 15 years as Apple’s chief executive and was succeeded by John Ternus, a 25‑year hardware veteran, on 1 September. Cook will assume the role of executive chairman, with a reported salary package of about ₹550 crore. Ternus inherits a company valued at roughly $4.7 trillion and faces an intensifying AI competition. Apple announced that it will launch its biggest‑ever slate of new products under the new leadership. The transition was presented as a strategic evolution of Apple’s product‑focused management.
How outlets across the spectrum covered it
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- Centre (5): Deccan Chronicle, Financial Times, Fortune, NDTV, The Financial Express
- Right (1): Aaj Tak