Topic
ceo-transition
16 stories related to this topic, newest first.
New York Postfinance39 days ago
Apple Reports Record $111.2 Billion Revenue in Fiscal Q2 2026
Apple announced its fiscal second-quarter results, posting $111.2 billion in revenue, driven by strong iPhone and services sales. Incoming CEO John Ternus and CFO Kevan Parekh emphasized continued financial discipline amid the leadership transition. Shares rose more than 3% follo…
cnbc.comfinance40 days ago
Apple Reports 17% Revenue Growth in Fiscal Q2
Apple announced 17% revenue growth for its fiscal second quarter despite supply constraints. CEO Tim Cook warned of increasing impacts from memory costs in coming quarters. The company forecasts 14% to 17% revenue growth for the current quarter, exceeding analyst expectations.
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Financial Timesfinance40 days agoUpdated
Apple Reports First-Quarter 2026 Earnings
Apple announced quarterly revenue of $111.18 billion and earnings per share of $2.01, exceeding analyst expectations driven by robust iPhone sales. The results come as CEO Tim Cook prepares to step down, with John Ternus set to take over in September. The company highlighted reco…
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Bloombergscience48 days ago
Sanofi Reports Profit Exceeding Expectations as New CEO Prepares to Take Over
French drugmaker Sanofi announced profits that surpassed analyst expectations. The report comes as incoming CEO Belén Garijo steps into her role. She faces the task of revitalizing the company's pipeline of new medicines.
indiatoday.intoday.intechnology48 days ago
LinkedIn CEO Ryan Roslansky Steps Down After Six Years, COO Dan Shapero Assumes Role
Ryan Roslansky has stepped down as CEO of LinkedIn after leading the platform for six years. Dan Shapero, the company's chief operating officer, takes over immediately. The transition occurs amid LinkedIn's growth to 1.3 billion members and over $17 billion in annual revenue.
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ilounge.comai48 days ago
Analysts Discuss Apple's AI Position; Tim Cook Plans Departure
Analysts have commented on Apple's standing in the artificial intelligence sector amid advancements in Silicon Valley. NBC News reported that some analysts believe Apple has fallen behind in AI developments. The report also notes that Apple CEO Tim Cook is preparing to step away…
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Substrate placeholder — needs reviewfinance49 days ago
Apple Announces John Ternus as Incoming CEO Amid Product Focus Shift
Apple has named John Ternus as its incoming CEO, highlighting his hardware expertise for scaling new products. Wall Street views him as positioned to advance foldables, wearables, and AI-ready devices. The change prompts discussions on stock implications and trading strategies.
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ilounge.comfinance50 days ago
Apple Names John Ternus as Next CEO Succeeding Tim Cook in 2026
Apple announced that hardware engineering executive John Ternus will replace Tim Cook as CEO on September 1, 2026, following Cook's nearly 15-year tenure. Cook will remain CEO until summer 2026 to oversee the transition and then serve as executive chairman. The move comes as Appl…
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indiatoday.intoday.inworld50 days ago
Apple CEO Tim Cook to Become Executive Chairman; John Ternus Named Successor
Apple CEO Tim Cook is leaving his position earlier than anticipated and will transition to executive chairman. John Ternus is set to become the new CEO. Separately, Biotechnology Innovation Organization CEO John Crowley discussed industry milestones and competition with China on…
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realclearmarkets.comfinance50 days ago
Apple CEO Tim Cook to Step Down, John Ternus Named Successor Effective September 1
Apple announced that Tim Cook will step down as CEO effective September 1, 2026, after a 15-year tenure marked by significant growth. John Ternus, the company's senior vice president of hardware engineering, will succeed him. Cook will transition to chair of the board.
app.buzzsumo.comai50 days ago
Apple Appoints John Ternus as New CEO, Tim Cook Transitions to Executive Chairman
Apple has named John Ternus, its senior vice president of hardware engineering, as the new chief executive officer effective September 1, 2026. Tim Cook, who has led the company for 15 years, will become executive chairman and continue assisting with policy engagement. The transi…
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justjared.comfinance50 days ago
Apple Announces CEO Transition: Tim Cook to Step Down, John Ternus to Take Over
Apple has announced that CEO Tim Cook will step down in September and transition to executive chairman, with John Ternus succeeding him. Ternus, the current senior vice president of hardware engineering, will assume the CEO role on September 1. The company emphasized continuity i…
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+99ilounge.comfinance50 days ago
Apple Announces John Ternus as Successor to CEO Tim Cook
Apple stated that John Ternus, its senior vice president of hardware engineering, will succeed Tim Cook as CEO on September 1. Cook will transition to executive chairman after leading the company for about 15 years. Investors expressed optimism about Ternus's hardware background…
realclearmarkets.comai50 days ago
Apple Announces Tim Cook to Step Down as CEO, John Ternus to Succeed in September
Apple has named John Ternus, its senior vice president of hardware engineering, as the next CEO, succeeding Tim Cook who will transition to executive chairman on September 1. The announcement marks the end of Cook's 15-year tenure, during which the company's valuation grew signif…
John Everett Millais / Wikimedia (Public domain)ai50 days agoUpdated
Apple Names John Ternus as New CEO Succeeding Tim Cook in September
Apple announced that John Ternus, its senior vice president of hardware engineering, will succeed Tim Cook as CEO effective September 1, 2026. Cook, who has led the company since 2011, will transition to executive chairman. The move follows a long-term succession planning process…
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Substrate placeholder — needs reviewai50 days ago
Apple Names John Ternus as New CEO, Tim Cook to Step Down in September
Apple has announced that John Ternus, its senior vice president of hardware engineering, will become CEO on September 1, 2026, succeeding Tim Cook after 15 years. Cook will transition to executive chairman to oversee the process. The move comes amid Apple's focus on AI integratio…