Apple's senior vice president of Hardware Engineering, John Ternus, is set to take over as the tech manufacturer's CEO later this year after current chief executive Tim Cook announced on Monday that he would be stepping down.Cook will transition to executive chairman of the company’s board of directors. The company said the transition followed a "thoughtful, long-term succession planning process" and was unanimously approved by the board of directors."It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company," Cook said...
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