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Tim Cook Steps Down as Apple CEO After Nearly Three Decades

Tim Cook has officially concluded his tenure as Apple CEO, passing leadership to John Ternus. Cook, who joined the company in 1998, reflected on his journey from Compaq to leading one of the world's most valuable firms.

Tim Cook Steps Down as Apple CEO After Nearly Three Decades

Tim Cook has officially stepped down as the chief executive officer of Apple, marking the end of a nearly 30-year tenure at the technology giant. Cook, who has led the company since 2011, announced his departure on Monday, passing the leadership role to his successor, John Ternus.

In a final memorandum to staff, Cook paid tribute to Apple’s late founder, Steve Jobs, and commended the company’s workforce as extraordinary. Reflecting on his time at the helm, Cook noted that the company had successfully achieved its goal of leaving a significant impact on the world, referencing a sentiment once expressed by Jobs.

A Career Defined by a Single Meeting

Cook’s path to Apple began in 1998, a transition he previously described as a decision driven more by instinct than conventional logic. At the time, Cook was employed at Compaq, a company that held a higher market valuation than Apple. Despite persistent recruitment efforts, Cook initially resisted the overtures from Apple, believing he was satisfied in his existing role.