On April 22, the Lex column of the UK's Financial Times published an article stating that Apple has completed its CEO transition with stable stock prices, with Tim Cook set to transition to Executive Chairman in September and hardware chief John Ternus taking over as CEO. This smooth transition is seen as a symbol of corporate stability, while leadership changes at other companies, such as those led by Musk or Zuckerberg, could potentially trigger turmoil. For example, after the CEO and CFO of Fermi, a US data center builder, both resigned, its stock price plummeted by nearly one-fifth.
