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title: Apple has a new CEO, and Tim Cook signed off quoting...
description: John Ternus has become Apple&#x27;s CEO, succeeding Tim Cook after roughly 15 years in the role, marking the first engineer-CEO since Steve Jobs. Cook&#x27;s farewell...
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# Apple has a new CEO, and Tim Cook signed off quoting Steve Jobs

**[The Next Web](https://daily.dev/sources/tnw)** · 6 min read · 0 upvotes · 0 comments

## Summary

John Ternus has become Apple's CEO, succeeding Tim Cook after roughly 15 years in the role, marking the first engineer-CEO since Steve Jobs. Cook's farewell memo focused on company culture rather than products, quoting Jobs' 'dent in the universe' line, and he remains at Apple as executive chair handling policy relations. Under Cook, Apple's market value grew from under $350bn to about $4.6tn, with share gains cited between roughly 2,250% and 2,750% depending on the basis. Ternus, 51, joined Apple in 2001 as a mechanical engineer and has led hardware engineering since 2013, inheriting a period of executive turnover, AI struggles with Siri, and an upcoming iPhone event on 9 September.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/john-ternus-apple-ceo-tim-cook-final-memo>

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- [The John Ternus era begins at Apple](https://daily.dev/posts/the-john-ternus-era-begins-at-apple-y8a5z5rpl) · TechCentral · 39 upvotes · 5 comments

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Tags: [#apple](https://daily.dev/tags/apple), [#leadership](https://daily.dev/tags/leadership)

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