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Fortune
Fortune
Jeffrey Sonnenfeld, Steven Tian

This Apple doesn't fall far from the tree: Tim Cook is leaving at a peak and John Ternus is exactly the right CEO for the AI era

ternus (Credit: Adam Gray/Bloomberg via Getty Images)

Apple stock traded slightly down after-hours following the announcement that CEO Tim Cook will be stepping down, to be replaced by his hand-picked protégé, John Ternus. There is no question that Cook is one of the most legendary and accomplished CEOs of our time, but this short-sighted market reaction is entirely misguided. Here are three reasons why Apple’s CEO handoff from Cook to Ternus reflects a model succession process, with the company’s best days still ahead.

Cook Is Leaving on His Terms — and Apple Has Never Been Stronger

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