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Tim Cook has officially issued a farewell letter to employees on his final day as Apple CEO, preparing to transition to the role of Executive Chairman as he hands the reins to John Ternus. Tim Cook steps down as CEO to assume the role of Executive Chairman August 31 marked Tim Cook's final day serving as Apple’s Chief Executive Officer. In a company-wide memo, he shared his reflections on a 15-year journey at the helm of the world's leading technology giant. Cook succeeded St