Apple has announced that Tim Cook will step down as chief executive officer on September 1, 2026, ending a 15-year tenure at the head of one of the most valuable companies in the world. He will be succeeded by John Ternus, currently senior vice president of hardware engineering, and will remain at the company in the newly created role of executive chairman.

Apple CEO Tim Cook onstage chat with former European Commissioner Neelie Kroes at Amsterdam, swears he has seen an iPhone in a 350-year-old painting.