September 1 to Mark the End of an Era at Apple
The leadership change ends Cook’s 15-year run and gives Apple a CEO known for a more decisive management style, the company said.
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Jim Cramer’s Verdict on Tim Cook’s Exit: The CEO Who Made iPhones Feel Like Friends
Jim Cramer didn’t mince words. Tim Cook built the greatest consumer-based enterprise in history. That praise landed on Yahoo Finance this week as Apple’s longtime leader prepares to step down. Cook hands the CEO title to hardware chief John Ternus on September 1. He moves to executive chairman. The transition marks the end of an era that saw Apple’s stock surge roughly 1,900 percent. Cramer’s comments came during a recent Mad Money segment. They…
Apple no longer has to announce anything, he confirmed it with a statement last April. The board of directors then unanimously approved that John Ternus, until now responsible for hardware engineering, will become CEO on September 1. Tim Cook will not leave the company, but yes from ... Continue reading "Thus ends the era of Tim Cook in Cupertino on September 1st with the entry of John Ternus"
September 1 to Mark the End of an Era at Apple
Apple in April announced that Tim Cook will be stepping down as CEO at the end of this month, after 15 years of leading the company. Cook has been Apple's CEO since 2011 Effective September 1, Apple's hardware engineering chief John Ternus will become the company's next CEO, while Cook will become executive chairman of Apple's board of directors.
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