Tim Cook has stepped down as CEO of Apple, and John Ternos has taken over his duties

apple Announce On Monday, Tim Cook, who has served as Apple’s CEO since 2011, will step down. Cook was the direct successor as CEO of Apple after Steve Jobs, who resigned due to health problems.

Cook will remain in his role until September 1 of this year, when Senior Vice President of Hardware Engineering John Ternos will take over as CEO. Cook will then move into a new role as Apple’s CEO.

“John Ternos has the mind of an engineer, the spirit of an innovator, and the heart to lead with integrity and honor,” Cook said in a statement. “He is a visionary whose contributions to Apple over 25 years are already many, and he is undoubtedly the right person to lead Apple into the future. I could not be more confident in his abilities and character, and I look forward to working closely with him in this transformation and in my new role as CEO.”

This story develops…