Tim Cook to step down as Apple CEO
Tim Cook will transition from his role as CEO of Apple to executive chairman. John Ternus will take over as CEO starting September 1. (sources: aljazeera, npr, nbcnews, businessinsider, fortune)
Tim Cook is set to step down as CEO of Apple, with John Ternus appointed as his successor. Cook will continue to be involved with the company as executive chairman.
- Cook will hand over CEO duties to Ternus on September 1.
- Cook has served as CEO for nearly 15 years.
- Ternus currently leads Apple's hardware engineering division.
Why it matters
This leadership change marks a significant transition for Apple as it prepares for future developments under new management.
↓ Why this is on ModernAction
2 bills on this issue are moving right now — and the most active one is Open App Markets Act.
S2153 · 119th Congress
Open App Markets Act
Where do you stand on this bill?
Takes about 60 seconds
About this bill
What S2153 actually does
This story is about Tim Cook stepping down as Apple CEO and John Ternus becoming CEO in September. This bill would require covered app stores to allow alternative app stores and sideloading and limit self-preferencing by dominant app stores.
If passed, it would:
- Require app stores to allow sideloading and alternative stores • Limit self-preferencing and restrictive developer terms.
1 other bill moving on this issue
Take action on any of them individually.
This story is about Tim Cook stepping down as Apple CEO and John Ternus becoming CEO in September. This bill would require device makers to provide repair documentation, parts, and tools on fair terms and restrict parts-pairing lockouts that block repairs.
If passed, it would
- Require OEMs to provide repair docs, parts, and tools • Ban parts-pairing and technical lockouts that prevent repairs.