Apple Inc. (NASDAQ:AAPL) announced the appointment of Johny Srouji as the new chief hardware officer on Monday, effective immediately. Srouji steps into the role previously held by John Ternus.

Srouji, who has been with Apple since 2008, previously served as the senior vice president of hardware technologies. He was instrumental in launching Apple's in-house chip strategy, beginning with the A4, and has played a key role in advancing multiple technologies across Apple's products.

CEO Tim Cook praised Srouji as exceptionally talented, highlighting his impact within Apple and across the tech industry.

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