Optionality
dormant/pre-seat now — no independent capital authority as an SVP under Cook. Once seated 2026-09-01, will be constrained like any hired CEO: Cook remains as Executive Chairman ('a regent retained for foreign affairs' per kestrel board notes), and Ternus holds no founder-class stock or supervoting lock.
Sourced figures 1
- kestrel board.yaml apple succession block 'Cook stays as executive chairman on policy — a regent retained for foreign affairs'
the working
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