Steve Jobs resigns as Apple CEO
Posted August 24, 2011 6:52 pm.
This article is more than 5 years old.
Apple CEO and co-founder Steve Jobs has resigned.
Jobs, 55, has been on medical leave since January 17. He had previously been diagnosed with pancreatic cancer, and has had a liver transplant.
Apple said Jobs will remain as chairman, while Tim Cook has been elected CEO.
Jobs co-founded the company in 1976, left in 1985, and returned in 1996.
The full text of his resignation letter is below:
To the Apple Board of Directors and the Apple Community:
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.
Steve
