The man who shepherded Apple to a market capitalization of more than $4 trillion has ended his 15-year run as chief executive, handing the company to hardware chief John Ternus with an emotional farewell memo.
After 15 years as chief executive, Tim Cook officially stepped down on Sept. 1, passing the reins to John Ternus, the company’s longtime hardware engineering chief. Cook isn’t going far; he becomes executive chairman and will continue helping Apple engage with policymakers around the world. But the emotional weight of the moment was unmistakable in the memo he sent to employees.
“This is a moment I always knew would come one day, and yet…
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