Industry
SUMMARY
Apple CEO Tim Cook is stepping down later this year, with John Ternus set to take over the role. Ternus, who has been with Apple since 2011, has played a significant part in the development of the company's camera systems. His leadership is expected to continue Apple's focus on integrating advanced camera hardware and software into its products.
TAKEAWAYS
Tim Cook is stepping down as Apple CEO.
John Ternus will become the new Apple CEO.
Ternus has a history of developing Apple's camera technology.
Cook has led Apple since 2011.