John Ternus is now the CEO of Apple

Apple SVP John Ternus takes over as CEO from Tim Cook. | AFP via Getty Images

For the first time since 2011, one of the world’s most valuable companies has a new leader, as today marks John Ternus’ first day as Apple’s CEO. He’s replacing Tim Cook, who will continue on as the executive chairman on Apple’s board and departed with a letter to employees that remarked, “This place is proof that culture triumphs over everything. We share a belief that what we build matters, and that we have both the opportunity and the responsibility to leave the world better than we found it.”

Ternus is taking over a company dealing with the rise of AI, shortages of RAM and other components due to that growth in AI, and a political and e …

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