Tim Cook is stepping down as CEO of Apple, transitioning to executive chairman on September 1. John Ternus will replace him as CEO, bringing with him over two decades of experience at the company.

Cook’s tenure was marked by significant financial growth and product launches like the Apple Watch and AirPods. However, initiatives such as the self-driving car project and the Vision Pro VR headset were less successful. His management during the pandemic was praised for keeping production cycles on track despite supply chain disruptions.

Under Cook, Apple’s relationship with China deepened, but it faced scrutiny over allegations of forced labour involving its contractors. Cook’s personal donations and public appearances alongside tech titans like Elon Musk and Jeff Bezos have been noted, reflecting his close ties to the political establishment in recent years.

Cook announced he is gay in 2014, expressing that his experiences had taught him to rise above adversity. He joined Apple in 1998 and maintained a working relationship with Steve Jobs before becoming CEO in 2011.

With Ternus taking the helm, expectations are high for Apple’s direction amidst growing competition from tech giants investing heavily in AI technology.