Next Tuesday, Tim Cook will step down as Apple's CEO, with John Ternus taking over, while Cook will transition to the role of executive chairman to assist with certain matters. Recently, Apple held a farewell party for Cook at its Cupertino campus in California, attended by approximately 200 internal employees. The band OneRepublic performed, and several Apple-related figures, including Lauren Powell Jobs, delivered speeches. Cook also gave a speech and, unusually, expressed gratitude to his partner, Mike. According to sources, this power transition is characterized by continuity, as Cook's former executive assistant will shift to assist Ternus. Cook has also previously stated that the transition is proceeding smoothly and that he looks forward to Ternus leading Apple forward.