Tim Cook Comments on His Final Day as Apple CEO

Tim Cook will be stepping down as Apple’s CEO on September 1, with the company’s hardware engineering John Ternus set to take over. With the transition set to take place tomorrow, there have been quite a few headlines about Cook lately. The latest story comes from which said it has obtained Cook’s full memo to Apple employees on his final day as CEO of the company.

We have pasted the memo as they shared it below: Team, Today is my last day as CEO of Apple. This is a moment I always knew would come one day, and yet it is still hard to believe it has arrived and I am writing these words. I love this company and the team behind it, and I couldn’t let this day pass without sending a note to you, to tell you how grateful I am for the outpouring of affection you’ve sent my way, for the way you’ve shown up each and every day, and most of all, for the privilege of a lifetime serving as your leader.

The truth is, whatever there is to say about my success, I know it is all because of you. You have brought out the best in me. In all my life, I have never seen or been with such an extraordinary team of people before, and every day I get to see more examples of that.

Today is Tim Cook’s last day as Apple CEO, with John Ternus set to take over tomorrow. To mark his last day in the role, Cook penned an emotional memo to Apple employees today.

Read Tim Cook’s full memo to Apple employees on his last day as CEO.

There is something truly special about Apple. I am most proud of what an annual report could never capture.

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.

That purpose is part of what makes this place extraordinary. Apple helps nurture it, but I believe it lived within each of you long before you arrived here.

It is what brought you to this company and what continues to drive the work you do every day. Together, we have created something far greater than any one of us could have imagined or accomplished alone.

And that’s the secret to our success. We bring out the best in each other.

We lift each other up. We have made it possible to leave our "dent in the universe," as Steve once described it, because of who we are and what we believe, because of what we value and how we see the world.

How fortunate we are. As you know, I am not leaving Apple.

But I am stepping away from a role that I have loved deeply. I will miss this work in ways I can only begin to imagine, even as I remain completely at peace with my decision.

I will miss leading you and being with you for every step, even as I take enormous comfort in handing the helm to someone as brilliant and wonderful and capable as John. Few people understand what it takes to build products that change the world the way John does and I could not be more excited for his leadership.