3 Things Investors Can Expect When Tim Cook Steps Down as CEO in September After 15 Years and Hands the Reins to John Ternus
The CEO transition is unlikely to change the company's direction overnight, but Ternus' success will ultimately be judged on whether he can deliver AI-powered innovation without sacrificing Apple's financial strengths.
Overview
After 15 years running Apple (NASDAQ: AAPL), Tim Cook will hand the CEO role to hardware chief John Ternus on Sept. 1, with Cook staying on as executive chairman. Ternus is a 25-year Apple veteran who helped launch the iPad and AirPods, so this is a carefully planned insider handoff, not a shake-up.
Here are three things Apple investors can reasonably expect from the leadership change.
Image source: Getty Images.
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Originally published at www.fool.com.
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