Steve Jobs has resigned as the CEO of Apple, but will remain as Chairman of the Board. Tim Cook will be taking over as the new CEO of Apple.
Steve’s resignation letter to the board of directors is as follows:
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.
Apple’s Board of Directors approved the requests, effective immediately. The Board also said that it has complete confidence in Tim Cook as the Apple CEO.
Steve Jobs has been on leave from Apple for medical reasons, and has now resigned, however the reasons for his resignation are unknown. Steve will continue to have an active role in Apple, the company which he co-founded.