Breaking news

John Ternus Takes Apple CEO Role As AI Challenge Grows

After 15 years as Apple’s chief executive, Tim Cook has handed the role to John Ternus, the company’s senior vice president of hardware engineering. The transition puts Ternus in charge of one of the world’s most valuable companies as Apple faces growing pressure to compete in artificial intelligence as well as hardware.

For Apple insiders, Ternus is hardly a new figure. He has spent more than two decades inside the company’s hardware organization, rising through a culture focused on product quality, precision and long-term execution.

A Veteran Takes The Helm

The leadership change comes as Apple prepares for its next iPhone launch while also upgrading Siri with technology powered by Google’s Gemini. That combination highlights the challenge facing Ternus: maintaining Apple’s hardware strength while closing a widening gap in AI.

Cook, who will remain as executive chairman, described Ternus as deeply aligned with Apple’s product culture. “Few people understand what it takes to build products that change the world the way John does,” Cook wrote in a farewell message to employees.

Ternus joined Apple in 2001 after beginning his career at Virtual Research Systems, a small virtual-reality hardware company. He became vice president of hardware engineering in 2013 and senior vice president in 2021.

At 51, he is 15 years younger than Cook and becomes only the third CEO to lead Apple since 1997, when Steve Jobs returned to the company.

From Hardware Details To Major Products

Ternus oversaw Apple’s hardware engineering and worked on products including AirPods, Apple Watch and Vision Pro. He was also involved in the transition from Intel processors to Apple’s own silicon, one of the company’s most significant recent hardware changes.

His approach has long emphasized technical detail and humility. In a 2024 commencement address at the University of Pennsylvania’s engineering school, Ternus said: “Always assume you’re as smart as anyone else in the room, but never assume that you know as much as they do.”

That attention to detail dates back to his early years at Apple. While inspecting components for the Apple Cinema Display, he once spent time at a supplier facility counting grooves on a screw head to determine whether it met Apple’s specifications.

More recently, Ternus helped oversee development of the MacBook Neo, Apple’s lower-priced laptop. In an interview with Tom’s Guide, he said the company’s quality standards had not changed despite the product’s lower price.

“We never want to ship junk. We want to ship great products that have that Apple experience, that Apple quality,” he said.

AI Will Be A Key Test

As CEO, Ternus will need to shape Apple’s response to rapidly advancing AI technology while continuing to develop its hardware portfolio.

The company is already using Google Gemini to power an upgraded Siri experience, while the future of products such as Vision Pro remains another strategic question. His tenure will test whether Apple can apply its hardware discipline to software and AI, where product development is less predictable.

A Low-Profile CEO Takes Over

Ternus has maintained a relatively low public profile compared with other technology executives. He recently joined X, while most details of his personal life remain private.

Before joining Apple, he worked at Virtual Research Systems and later studied engineering at the University of Pennsylvania. There, he contributed to a project developing a feeding arm controlled by head movements for people with quadriplegia.

Apple is now entering another leadership era with a CEO who has spent most of his career inside the company. His central challenge will be to preserve the product discipline that shaped Apple while accelerating its response to AI.

NERDs Replace FIRE As Young Workers Lose Confidence In Retirement

The FIRE movement promised younger workers a path to financial independence and early retirement. Now, a different group is emerging in the UK: NERDs, or the “Never Ever Retiring Demographic.”

Growing pessimism among Gen Z and millennials is driving the shift, with many questioning whether retirement will ever be financially achievable. Some are responding by reducing or abandoning pension contributions altogether.

Young Workers Are Losing Confidence In Retirement

Research from People’s Pension, a major UK workplace pension provider, found that 47% of Gen Z respondents aged 18 to 27 do not engage with their pension. Another 12%, equivalent to about 2.2 million young people, have stopped saving for retirement because they expect to work indefinitely.

Wider financial pressures are contributing to that outlook. High living costs have pushed milestones such as homeownership, marriage, having children and retirement further away for many younger workers, while inflation, layoffs and stagnant wages have added to uncertainty.

Pension Providers Face A Communication Gap

Financial pressure is only part of the problem. Young workers also say pension providers are failing to explain long-term saving in ways that feel relevant to them.

About 36% of respondents said providers do not explain retirement saving effectively. Among them, 27% said companies appear more focused on selling products than educating customers, while 16% cited complicated language and jargon.

A clear generational difference emerges in the responses. Some 29% of Gen Z respondents said providers fail to explain why pension saving matters, compared with 13% of Gen Xers and Baby Boomers. Similarly, 17% of Gen Z said providers do not use channels they engage with, versus 4% among older generations.

Clearer information could influence behavior. About 70% of Gen Z respondents said they would have started saving earlier if they had known that beginning in their 20s could potentially double their retirement pot compared with starting in their 30s. Another 63% said learning about tax relief and employer contributions motivated them to save.

“In a world where financial doom dominates pension conversations, young savers are tuning out,” said Kirsty Ross, proposition director at People’s Pension. “Our research shows they are not disengaged because they don’t care, they are disengaged because the messages aren’t working.”

Young Savers Want Simpler Tools

Progress bars and goal trackers were among the most popular tools respondents said could make pensions more relevant, cited by 31%. Another 26% wanted reassurance that they could start with small amounts, while 23% wanted examples of what people their age are doing.

Clear, bite-sized steps were cited by 22%, while 19% said light-hearted and relatable stories could make pensions more accessible.

People’s Pension has responded with Pension Drop, a campaign using social media influencers, live events and lifestyle personalities to encourage conversations about retirement saving.

“Looking back, I really wish I’d started earlier,” said Iain Stirling, comedian, TV presenter and Pension Drop ambassador. He said contributions made in someone’s 20s or 30s can make a significant difference later, while employer contributions and tax relief can increase the value of smaller payments.

Small Changes Can Improve Long-Term Saving

Stirling urged younger workers to check their pension provider, establish whether they have multiple pension pots and make sure they are contributing enough to receive the full employer match.

He also recommended increasing contributions after a pay rise or bonus, allowing workers to raise long-term savings without making a large immediate change to their spending.

For younger workers facing high living costs and uncertain career prospects, pension saving remains a difficult sell. Clearer information about employer contributions, tax relief and the long-term effect of starting early could help make retirement planning more tangible.

The Future Forbes Realty Global Properties
Uol
eCredo
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter