Tim Cook Delivered a 2,150% Return for Apple Shareholders Over 15 Years as CEO. Is John Ternus Built to Extend That Run?
Apple's next CEO has a deep background in product design, working under Steve Jobs.
Overview
Apple (NASDAQ: AAPL) stock managed a 2,230% return since Tim Cook became CEO in August 2011. A $10,000 investment would have grown to roughly $233,000 (including dividends). That kind of performance creates big shoes to fill for incoming CEO John Ternus.
Apple's Senior Vice President of Hardware Engineering is set to take over the lead role on Sept. 1, 2026. With experience dating back to the Steve Jobs era and a product-first background, Ternus is well qualified to lead Apple's next leg of growth, although delivering another 22x return might be asking too much.
Apple CEO Tim Cook. Image source: Apple.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.