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Fortune

Diane Brady

Tim Cook's exit is part of a CEO reckoning sweeping Corporate America

Tim Cook Apple Doug McMillon John Ternus Fortune Bob Iger Diane Brady Warren Buffett Adobe CocaCola

(Credit: Photo by Fabrice COFFRINI—AFP via Getty Images)

In today’s CEO Daily: Diane Brady explains how Apple’s handoff fits into this year’s extraordinary CEO turnover.
The big leadership story: Kevin Warsh on the hot seat.
The markets: Up globally amid optimism for U.S.-Iran peace talks.
Plus: All the news and watercooler chat from Fortune.

Good morning. 2026 is turning out to be one of the most seismic years for CEO transitions: Greg Abel replaced Warren Buffett as CEO of Berkshire Hathaway, Josh D’Amaro replaced Bob Iger at Disney, John Furner replaced Doug McMillon at Walmart, and now John Ternus is replacing Tim Cook at Apple. We did spotlight Ternus as a potential successor back in October. And Cook is 65, an age at which many people retire. (Buffett, Iger and McMillon were 95, 75 and 59, respectively.) But Apple’s announcement comes amid a slew of other CEO transitions at Adobe, Coca-Cola, Dow, BP and elsewhere. What’s going on?

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