Apple Inc. has accelerated its executive succession planning as longtime CEO Tim Cook prepares to step down from his position as early as next year, according to a recent Financial Times report. The technology giant is actively considering potential candidates to lead the world's most valuable company into its next chapter.
The Leading Contender for Apple's Top Job
John Ternus, Apple's Senior Vice President of Hardware Engineering, has emerged as the frontrunner to replace Cook based on discussions with multiple insiders familiar with the matter. Ternus currently oversees all hardware engineering for Apple's diverse product lineup, including the iconic iPhone, iPad, Mac computers, and other key devices that drive the company's substantial revenue.
The succession planning comes as Cook approaches what would be nearly 15 years at Apple's helm since taking over from legendary co-founder Steve Jobs in 2011. Under Cook's leadership, Apple has seen unprecedented growth, becoming the first company to reach a $3 trillion market valuation while expanding its services business and maintaining its position as a technology innovator.
Tim Cook's Legacy and Transition Timeline
The Financial Times report, published on November 15, 2025, indicates that Cook is likely to step down as CEO next year, marking a significant transition for the Cupertino-based company. Cook, who joined Apple in 1998 and previously served as Chief Operating Officer, has been instrumental in scaling Apple's operations globally while navigating complex supply chain challenges and expanding the company's environmental initiatives.
During his tenure, Cook has overseen the launch of multiple iPhone generations, the Apple Watch, various iPad models, and the transition of Mac computers to Apple's own silicon chips. His potential departure next year would represent one of the most significant leadership changes in the technology industry.
What Ternus Brings to the Table
John Ternus brings substantial hardware expertise to the potential CEO role, having played a crucial part in developing some of Apple's most successful products. As the head of hardware engineering since 2021, Ternus has been deeply involved in the design and development of Apple's core devices, giving him comprehensive understanding of the company's product ecosystem and manufacturing processes.
The intensified succession planning reflects Apple's commitment to ensuring a smooth leadership transition that maintains the company's strategic direction and innovation momentum. With Apple's heavy reliance on hardware sales complemented by growing services revenue, selecting a leader with strong product development experience appears to align with the company's core business model.
As the technology world watches closely, Apple's board continues its deliberations while preparing for what could be one of the most consequential CEO appointments in recent corporate history. The final decision will shape Apple's trajectory for years to come.
