When Will Tim Cook Resign
Tim Cook no longer serves as Chief Executive Officer of Apple.
He transitioned from CEO to Executive Chairman, with John Ternus assuming the role of CEO, according to recent GeoGazet tracking data.
Leadership Transition Confirmed
Apple's new leadership structure sees John Ternus as CEO, while Tim Cook serves as Executive Chairman. This change is confirmed by recent GeoGazet tracking, which notes, "Apple’s New Leadership Structure: John Ternus Is CEO, Tim Cook Is Executive Chairman." Cook maintains a senior executive role within the company.
New Executive Compensation
The shift in roles is also reflected in executive compensation. John Ternus's annual compensation is set at USD 58 million, while Tim Cook's as Executive Chairman is USD 47 million. Cook's continued presence and substantial compensation underscore his ongoing strategic importance to Apple.