Steve Jobs Resigns as Apple CEO
Silicon Valley legend Steve Jobs resigned as chief executive of Apple Inc. The Apple co-founder has been on medical leave for an undisclosed condition since January 17. According to Apple, Jobs has been elected chairman while the company has promoted chief operating officer Tim Cook to the position of CEO and added him to the company’s board of directors. In a letter to the board, shareholders and Apple users, Mr Jobs said:
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
apple, Steve jobs
No trackbacks yet.