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Apple's Tim Cook to step down as CEO in September

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Apple's Tim Cook (L) will take over as chairman of the board after he cedes the CEO position at the storied technology company

Apple's Tim Cook (L) will take over as chairman of the board after he cedes the CEO position at the storied technology company

Apple on Monday announced that Tim Cook will step down as the tech giant's chief executive officer in September, handing the top job to company veteran John Ternus.

The announcement answers long-simmering questions about a successor for 65-year-old Cook, who said he will become executive chairman of the board when he cedes Apple's CEO position.

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Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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