Apple retains its connection to Trump advisor.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Source: Businessinsider
Tim Cook's Transition: Apple CEO Tim Cook is stepping down in September but will remain as executive chairman of the board, with John Ternus taking over as CEO.
Relationship with Trump: Cook has maintained a close relationship with former President Donald Trump, engaging in significant investments and donations, including a $1 million contribution to Trump's inauguration.
Future Leadership: Ternus, who has experience in hardware engineering, will lead Apple starting September 1, and is expected to engage with policymakers globally.
Cook's Neutral Stance: Despite facing backlash for his ties to Trump, Cook emphasizes his focus on policy rather than politics, aiming to maintain a neutral position in his interactions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
