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★ — Net worth (published estimate)

Event date · —

Posted · · Resignations

Poster · @guardian (The Guardian)


Synopsis

Who is John Ternus, Apple’s next CEO? — Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profits Tim Cook stepped down as CEO of Apple on 31 August. John Ternus, a longtime company veteran, succeeded him the next day as the company’s new chief executive. Cook has transitioned to the role of executive chairman of Apple’s board of directors. Ternus, a hardware engineering executive, is a tenured Apple insider, and his ascension indicates the company will stay the course that has led to record profits under Cook’s leadership. Apple’s yearly profit now tops $100bn, the company is worth about $4.5tn, and it has notched record revenue from its iPhones this year, boosted by renewed demand in China . Continue reading...

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