Google CEO Sundar Pichai has praised Tim Cook for his tenure at Apple and wished him well in his new position as executive chairman. Pichai expressed admiration for Cook’s dedication to Apple’s mission and anticipated collaborating with John, Cook’s successor.
Tim Cook, in response to his transition, expressed gratitude to supporters, emphasizing his continued connection with the company’s community. He introduced John Ternus as the incoming CEO, effective September 1, 2026, while he transitions to the role of executive chairman.
Industry analysts have lauded Tim Cook’s contributions to Apple’s global strategy, particularly in India. They credited Cook for advancing manufacturing, expanding retail operations, and enhancing relationships with developers and users. John Ternus is expected to build on this legacy, leveraging his engineering expertise to resonate with India’s tech-savvy consumer base.
During his tenure since 2011, Tim Cook described leading Apple as a significant privilege. Under his leadership, Apple’s market value soared from around $350 billion to nearly $4 trillion, with annual revenues surpassing $416 billion. Cook refuted rumors of stepping down as CEO, emphasizing his commitment to the role.
Apple’s shares closed at $266.17 on the Nasdaq, marking a 2.52% decline on Tuesday. The stock showed a 1.5% decrease from the previous closing of $270.23 on April 17.
