Tim Cook: "the privilege of a lifetime"

Tim Cook has wrapped up his role as Apple’s chief executive, ending a 15-year tenure that began after he succeeded Steve Jobs in 2011. In a farewell note to staff and posts on X, Cook said he was leaving the top job as part of a planned transition, that he would keep his ties to the Apple community despite his new title, and that he viewed his time leading the company as a rare honor. He will remain at Apple as executive chairman, focusing on government relations, while John Ternus becomes CEO. Cook credited employees for his success, praised the company’s culture, and voiced confidence in Ternus. The change marks a major leadership shift for one of the world’s most influential technology companies.