
This is shocking.
Apple CEO Tim Cook has just stepped down.
The move by Cook is quite surprising, considering the Apple CEO has not previously signaled he planned to step down.
The New York Times broke the story and provided details on who will replace Cook:
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Tim Cook, Apple’s chief executive, said on Monday that he would step down after nearly 15 years running an operation that rode the wild popularity of the iPhone to become one of the most influential and valuable companies in the world.
Mr. Cook, 65, will move into a new role as Apple’s executive chairman in September and be succeeded in the company’s corner office by John Ternus, the 50-year-old
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