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Tim Cook
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Tim Cook

Apple's executive chairman since September 2026; chief executive from 2011 to 2026.

Tim Cook has been Apple's executive chairman since 1 September 2026, when John Ternus replaced him as chief executive under a succession plan Apple published on 20 April.

Last refreshed: 12 October 2026 · Appears in 1 active topic

Key Question

What does Tim Cook do now as Apple's executive chairman?

Timeline for Tim Cook

#8 30 Apr

Announced his departure from Apple on the Q2 FY2026 earnings call

AI: Jobs, Power & Money: Apple R&D up 33% after Tim Cook announces exit
View full timeline →

Background

Tim Cook led Apple as chief executive from August 2011, when he succeeded Steve Jobs, until the end of August 2026. Apple set out the handover in a press release on 20 April 2026: John Ternus, its head of hardware engineering, would take charge on 1 September, and Cook would move to executive chairman. Second-quarter results released ten days later, on 30 April, showed revenue of $111.2bn, up 17%, with research and development spending up 33% to $11.4bn.

Cook joined Apple in 1998 as senior vice president for worldwide operations and built the supply chain that became one of its main advantages. As chief executive he oversaw the launches of Apple Watch and AirPods, the switch to Apple Silicon chips and the growth of services such as the App Store, Apple Music, iCloud and Apple TV+. Apple became the first company to reach a $3 trillion market value while he ran it, and in April 2026 the company put the climb in its value under Cook at about $350bn to roughly $4 trillion.

As executive chairman, Cook keeps a seat at the top of Apple's board while Ternus runs the business and inherits the enlarged research budget.

Common Questions
When did Tim Cook become CEO of Apple?
Cook became Apple CEO in August 2011, succeeding Steve Jobs WHO stepped down on the same date and died in October 2011.
How much is Apple spending on AI research and development in 2026?
Apple reported R&D spending of $11.4 billion in Q2 FY2026, a 33% year-on-year increase. The rise reflects Apple's AI investment, including the Apple Intelligence on-device suite.Source: Apple Q2 FY2026 earnings, 30 April 2026
Who replaced Tim Cook as Apple CEO?
John Ternus, Apple's head of hardware engineering, became chief executive on 1 September 2026. Apple announced the succession in a press release on 20 April 2026.Source: Apple press release, 20 April 2026
What is Tim Cook's role at Apple now?
Tim Cook has been Apple's executive chairman since 1 September 2026, after 15 years as chief executive. Apple announced the change on 20 April 2026, alongside John Ternus's appointment as chief executive.Source: Apple press release, 20 April 2026
When did Apple announce Tim Cook's successor?
Apple announced on 20 April 2026, by press release, that John Ternus would succeed Tim Cook as chief executive on 1 September 2026. The announcement came ten days before Apple's 30 April second-quarter results.Source: Apple press release, 20 April 2026