Steve Jobs Resigns As CEO Of Apple

Steve Jobs Resigns As CEO Of Apple

It’s an unsettling day in the world of Apple today as Steve Jobs has just announced his resignation as the CEO of Apple.

Jobs has been on medical leave since January, and seems to have been gradually minimizing his own role, transitioning his responsibilities to Apple COO Tim Cook and others.

Although this is a day that we all knew would come, it is nevertheless a time of reflection and contemplation as Apple users, employees, and the technology world at large considers the future of Apple without Steve Jobs at the helm.

While I have no doubt that Tim Cook and other Apple executives will be able to manage everything at Apple quite capably, Apple keynotes just won’t be the same without Steve. He will be sorely missed.

The Businesswire press release on the matter follows.

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

Below is Apple’s own Press Release confirming Jobs resignation.

Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.

“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”

“The Board has complete confidence that Tim is the right person to be our next CEO,” added Levinson. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”

Jobs submitted his resignation to the Board today and strongly recommended that the Board implement its succession plan and name Tim Cook as CEO.

As COO, Cook was previously responsible for all of the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. He also headed Apple’s Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.

  1. Debra says:

    Thank you Steve Jobs for all of your contributions to Apple, designers, communicators and the world. I’ve been a loyal Apple/Mac user for over 20 years and am continually impressed with the quality, design and ever expanding technology of this reputable, innovative company. I look forward to future products and wish everyone at Apple/Mac great success in all that you are and do.

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