Apple's Third-Generation CEO Faces AI Test

Opinion|
|
By Hong Byung-moon (Commentary)hbm@sedaily.com
||
John Ternus, Apple's incoming CEO. Photo courtesy of Apple - Seoul Economic Daily Opinion News from South Korea
John Ternus, Apple's incoming CEO. Photo courtesy of Apple

Apple's first chief executive was not founder Steve Jobs but Michael Scott. Mike Markkula, who joined as an early angel investor, concluded that the startup needed a solid management foundation. That is why he recruited Scott, a former semiconductor executive, as the first CEO instead of Jobs and Steve Wozniak, the two pillars of Apple's founding. But Scott clashed frequently with the strong-willed Jobs and left the company four years later. Markkula became the second CEO, followed by John Sculley from PepsiCo as the third, who also fell into severe conflict with Jobs. The board sided with Sculley, and Jobs had to leave Apple in 1985.

Jobs' return to Apple reads like a drama. After buying Pixar from George Lucas and scoring a major hit with the animated film "Toy Story," he came back as Apple's sixth CEO in 1997. He then rolled out products such as the iMac and the iPhone, emerging as an icon of innovation. That is why many people remember him as Apple's true first-generation CEO. His successor, Tim Cook, earned a reputation as a genius of supply chain management and lifted Apple's market capitalization more than tenfold over 15 years.

With Cook's exit on the 1st of this month and the succession of John Ternus, an engineer by background, Apple's leadership is moving toward a third generation. Ternus' arrival means more than a simple generational change. Bloomberg said the most urgent task facing the new chief executive is restoring the company's technological competitiveness in artificial intelligence. Ternus, who studied mechanical engineering at the University of Pennsylvania, joined Apple in 2001 and played a central role in developing the iPad and AirPods under both Jobs and Cook. Yet some point out that Ternus' philosophy of emphasizing hardware technology could prove toxic in the AI era. To carry on the glory of Apple's golden age and stand tall as its third-generation CEO, Ternus will have to demonstrate a new form of disruptive innovation that goes beyond Jobs and Cook.

Original reporting by Hong Byung-moon (Commentary) for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
2:58

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.