Fortune 500

John Ternus is set to be Apple's next CEO, taking the reins from Tim Cook this fall. Cook says he’d offer his successor the same advice Jobs gave him when he stepped into the top role: Never ask what I would do, just do the right thing. bit.ly/490OFsJ

Apple’s announcement that John Ternus is replacing Tim Cook as Apple CEO comes amid a slew of other CEO transitions at Adobe, Coca-Cola, Dow, BP and elsewhere. bit.ly/3QdDCWV

When news broke in mid-April that United CEO Scott Kirby was interested in acquiring his rival American Airlines, it was the third time this maverick air exec decided he wanted to reshape the playing field. bit.ly/4cBye7q

Coca-Cola CEO James Quincey advises the younger generation to choose a career they're passionate about. “Choosing what to focus on and sticking to a few priorities becomes even more valuable,” he told students at London Business School. “I daydream.” bit.ly/4dSueSk

Reed Hastings, cofounder and former CEO of Netflix, nnounced on Thursday that he won’t stand for reelection to the board at the company’s annual shareholder meeting in June. bit.ly/4sH9zUX

Increasingly, schools are rethinking their policies of buying and assigning a laptop to every student and the millions of dollars they spent on them, as studies show implementing technology in schools has reportedly coincided with either decreasing test scores or no progress at all for students. bit.ly/3OgXmrU

Amazon’s 2026 proxy, filed with the Securities and Exchange Commission Thursday, confirmed Bezos still makes the same wage he has made since 1998, the year he boosted his salary to $81,400 from $79,197 for the prior year. bit.ly/41Lap8h

“I always call them lessons learned and relearned,” said JPMorgan CEO Jamie Dimon. “I still make some of those mistakes, unfortunately.” bit.ly/4mjN6fb

In a report issued on Wednesday, Institutional Shareholder Services said support for the “extraordinary golden parachute” proposal, which it valued at $886.8 million in payments for Warner Bros. Discovery CEO David Zaslav and $466.2 million for the other executives, wasn’t warranted. bit.ly/47RH13z

“People shouldn’t have to choose between great taste and staying within their budget,” said PepsiCo U.S. Foods CEO Rachel Ferdinando ahead of the price decrease. bit.ly/4bXAbvM

“I think [AI] would do more in terms of helping our customers have quicker travel, more efficient travel than, candidly, most any other deployment of the technology that I can think about we’ve talked in the past,” Delta CEO ED Bastian told Fortune editor-in-chief Alyson Shontell on the latest episode of the Fortune Titans and Disruptors of Industry podcast. bit.ly/4c23cFe

In his annual shareholder letter published Monday, longtime JPMorgan Chase CEO Jamie Dimon said the company’s “real competitive battles” are fought on a more granular scale, and to win big, you often have to think small—or at least in small teams. bit.ly/3Q8VmCu

Lowe's exclusively told Fortune that its foundation is investing $250 million over the next decade to help train 250,000 skilled trades workers in fields like plumbing, carpentry, and electrical work. According to CEO Marvin Ellison, the shifting dynamics of the workforce have made skilled-trade funding essential to the country’s future. bit.ly/4dDVzrj

When CEO Elliott Hill addressed Nike employees after another disappointing earnings report, he did something many leaders avoid once a turnaround starts to drag. He named the mood in the room. bit.ly/4vf1Tf3

“It’s one of the only places I’ve ever been to where they tell you when you start, you’re probably not going to retire here because it’s a talent factory," @delta CEO Ed Bastian told Fortune editor-in-chief @ajs on the latest episode of Fortune’s Titans and Disruptors of Industry podcast. bit.ly/4maG7oH

“I’m the longest-running tech CEO in the world: 34 years,” said Nvidia CEO Jensen Huang. “The tools that I’ve used to do my job have changed continuously in the last 34 years, and sometimes quite dramatically.” bit.ly/4e0m5uR

Five decades ago, the late Apple cofounder Steve Jobs was in his early twenties and strapped for cash, but hooked on the idea that everyone should be able to own a home computer. So he sold off his Volkswagen bus, raising $1,300 to pay for the prototype’s parts. bit.ly/41BQnga

Jamie Dimon has a warning: The American Dream is in trouble. And he’s putting JPMorgan Chase’s money where his mouth is. bit.ly/4dlljbD

This week Meta extended moonshot-level stock grants to a broader swath of senior leaders that did not include CEO Mark Zuckerberg. The move may usher in a new wave of compensation packages. bit.ly/3NwysUZ

While he acknowledges that approach might sound “crazy” to some executives, Southwest Airlines CEO Bob Jordan's solution to drowning in meetings is to keep his calendar completely clear every Wednesday, Thursday, and Friday afternoon—blocking anyone from booking meetings during those hours. bit.ly/4bBROkB