The Board of Directors approved this transition unanimously, underscoring the confidence they have in Ternus’s leadership capabilities. Having spent 25 years at Apple—joining the company in 2001—Ternus brings extensive experience to his new role. He was promoted to senior vice president of Hardware Engineering in 2021 and has overseen engineering work on numerous groundbreaking products across various categories.

Under Cook’s leadership since he became CEO in 2011, Apple experienced remarkable growth, with its market capitalization soaring from approximately $350 billion to an estimated $4 trillion today. Moreover, Apple’s yearly revenue increased significantly from $108 billion in fiscal year 2011 to over $416 billion by fiscal year 2025.

In his first statement following the announcement, Ternus expressed gratitude for the opportunity to carry forward Apple’s mission, reflecting on his long tenure with the company and the mentorship he received from both Steve Jobs and Tim Cook. He stated, “I am profoundly grateful for this opportunity to carry Apple’s mission forward.” Such sentiments indicate a commitment to maintaining the innovative spirit that defines Apple.

Arthur Levinson, who will become Apple’s lead independent director on September 1, also praised Cook’s tenure, remarking that “Tim’s unprecedented and outstanding leadership has transformed Apple into the world’s best company.” This acknowledgment highlights the legacy Cook leaves behind as he transitions into a new role.

While many details regarding Ternus’s immediate plans remain unconfirmed, expectations are high among analysts and investors alike regarding how he will steer Apple in an increasingly competitive tech landscape. The focus will likely be on sustaining innovation while navigating challenges posed by market dynamics and consumer demands.

The future direction of Apple under Ternus’s leadership will undoubtedly be closely monitored as stakeholders seek clarity on how he intends to build upon Cook’s legacy and respond to evolving industry trends.

The post John Ternus Appointed as Apple CEO appeared first on NewsNationIndia.

Nandita Sinha is expected to step down as CEO of Myntra in the coming weeks, marking a significant leadership change for the e-commerce platform. Sinha’s tenure at Myntra began in 2022, and she has been associated with the Flipkart group since 2013, playing a crucial role in the company’s growth.

Under Sinha’s leadership, Myntra reported a revenue of ₹6,043 crore for FY25, reflecting an 18% rise compared to the previous year. The company also achieved a net profit of ₹548 crore during the same period, showcasing its robust performance in the competitive online fashion market.

As Sinha prepares to exit, Sharon Pais has emerged as the frontrunner to succeed her as CEO. This potential transition comes at a pivotal time for Myntra and its parent company, Flipkart, which is gearing up for a potential public listing within the next 12 to 15 months, aiming for an ambitious IPO valuation of $70 billion.

Prior to Sinha’s appointment, Myntra saw a shift in its financial leadership as well, with Abhishek Gupta, the former CFO, leaving earlier this year. Kannan Ganesan was subsequently appointed as the new CFO, indicating a broader restructuring within the company.

Sinha’s departure raises questions about her future within the Flipkart Group. While her exit from Myntra is anticipated, it remains unclear if she will step away from the group entirely. Details remain unconfirmed.

The changes at Myntra reflect the dynamic nature of the e-commerce landscape in India, where leadership transitions can significantly impact strategic direction and operational efficiency. Observers will be closely monitoring how this leadership shift unfolds and its implications for Myntra’s future.

The post Nandita Sinha Myntra: CEO Expected to Step Down Soon appeared first on NewsNationIndia.

Park Jin-young has officially stepped down as in-house director at JYP Entertainment, a move that marks a significant shift in leadership for the influential K-Pop company he founded in 1997. This decision comes ahead of the shareholders’ meeting scheduled for March 26, where he will not seek reappointment.

In his new role, Park intends to focus on creative work and mentoring young K-Pop artists, a passion he has nurtured throughout his career. “I plan to concentrate on external responsibilities for the K-Pop industry,” he stated, highlighting his commitment to fostering new talent.

Since his debut in 1994, Park Jin-young has been a pivotal figure in the evolution of Korean pop music. He has been instrumental in launching numerous successful acts, including god, Wonder Girls, 2PM, TWICE, and Stray Kids, shaping the landscape of K-Pop as we know it today.

In addition to his work at JYP, Park has also been serving as co-chair of the Presidential Committee for Cultural Exchange in Popular Culture since October 2025, further solidifying his influence in the industry.

His contributions to music include hit songs such as “Honey” and “Don’t Leave Me,” which have left a lasting impact on fans and the industry alike. Park’s decision to step back from directorial duties is seen as a strategic move to allow him to dedicate more time to these creative pursuits.

Observers of the K-Pop industry are keenly watching how this leadership change at JYP will affect the company’s future direction and the artists under its wing. Park’s legacy as a mentor and creator will likely continue to influence the next generation of K-Pop stars.

Details remain unconfirmed regarding who will take over the responsibilities previously held by Park, but the transition is expected to be closely monitored by fans and industry insiders.

The post Jyp: Park Jin-young Steps Down from Entertainment Leadership appeared first on NewsNationIndia.