"Tim Cook described John Ternus as 'a brilliant engineer and thinker who has spent the past 25 years building the Apple products our users love so much, obsessed with every detail, focused on every possible way we can make something better, bolder, more beautiful, and more meaningful.'"
"Morgan Stanley analysts noted that the succession reflects Apple's 'emphasis on product at the center of the flywheel will remain,' indicating a commitment to continuity."
Tim Cook will resign as CEO of Apple after nearly 15 years, passing the role to John Ternus, the senior vice president of hardware engineering. Cook praised Ternus as a brilliant engineer with a deep commitment to product quality. Research indicates that most CEOs are promoted from within their organizations, with 82% of appointments in the past decade being internal. Ternus's promotion suggests Apple aims to maintain its current direction rather than pursue a radically new vision.
Read at Fast Company
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