Cook, now 65 years old and just two years shy of the official retirement age in the U.S., hasn’t given any signs of stepping down from his role anytime soon.
Tim Cook has been with Apple for an exceptionally long time, surpassing even Steve Jobs’ tenure at the helm. Cook, now 65 years old and just two years shy of the official government stipulated retirement age in the U.S., hasn’t given any signs of stepping down from his role anytime soon. However, reports indicate that plans for a successor have kicked into motion, and he could vacate his role next year.
The Financial Times stirred the market when it reported “its board and senior executives have recently intensified preparations” to find a successor for Cook. Citing insider sources, the outlet mentioned that a new CEO will likely be announced well ahead of Apple’s annual Fall launch event in 2026. John Ternus, Apple’s senior vice-president of hardware engineering, is said to be the frontrunner in the race to replace Cook as the new chief. Cook has rarely discussed his retirement plans publicly, and what little he has said, the message has been pretty vague.
