Steve Jobs has just handed in his resignation to Apple’s Board of Directors, and as of now, is no longer the CEO of Apple. In his resignation letter, he recommended that the board appoint Tim Cook as his successor, to which they agreed. According to his letter, Steve will still be involved in Apple as the Chairman of the Board and work with company strategy.
The resignation comes after three separate medical leaves done by Jobs due to pancreatic cancer, one of which involved a liver transplant in 2009, and since January this year, Jobs has been away from his day-to-day duties at Apple.
Steve writes;
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