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The Ternus Era Begins At Apple

After 15 years of guiding Apple to become the largest US company by market cap, Tim Cook stepped down as Apple's CEO effective September 1. In his place, John Ternus, the company's hardware engineering chief since 2021, will become Apple's eighth CEO. The move was announced in April, but with the CEO turnover in September, Apple gave itself a long runway to better manage the transition. Ternus starts about two weeks before Apple's mid-September iPhone launch, in which they will introduce the first foldable iPhone. Interestingly, Apple didn't pick a services leader, a software executive, or an…

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