Apple Hardware Head John Ternus Top Pick To Succeed Tim Cook As CEO

Bloomberg reports (paywalled) that Apple's hardware chief John Ternus is the frontrunner to replace Tim Cook as CEO, as Cook nears retirement and prepares to transition into a board chairman role. The Economic Times reports: Cook is turning 65 next month. Chief operating officer John Williams -- once heir apparent -- has handed over the reins of day-to-day operations to Sabih Khan and is on his way out. Even as Cook steps down as CEO, he will stay involved in some capacity, likely as board chairman.

While Khan and Apple's retail chief Deirdre O'Brien can run daily operations, Ternus remains the leading contender for the corner office after Cook, Gurman said. Firstly, he is 50 years old -- the same as Cook when he became CEO -- giving him over a decade to hold the office, he noted. Secondly, Apple needs a technologist instead of a sales person at the helm, considering the company's ambitions, Gurman wrote in the newsletter. While the Cupertino tech giant has managed to expand its homegrown line of chipsets, and the recently launched iPhone 17 lineup is drawing in customers, the company has struggled to find success in categories such as mixed reality, generative artificial intelligence (AI), smart homes and autonomous driving.

Ternus was in the spotlight during Apple's annual hardware event in September, which saw the launch of the iPhone 17 Air, the first major design overhaul for the smartphone family in a long time. Over the years, he has gained more responsibilities under Cook, taking calls on product roadmaps, features and strategies, overseeing matters beyond the traditional scope of a hardware engineering chief, Gurman said.

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