Steve Jobs

The famous and loved CEO of Apple, Steve Jobs, has resigned as the CEO of Apple, Tim Cook now takes his position as the CEO of Apple. In the resignation letter he wrote to Apple, he recommended his friend Tim Cook to be Apple’s new CEO and also asked to remain Chairman of the Board. Steve will still be an “active” Apple employee and will continue to be involved with the company’s decisions.

Letter from Steve Jobs

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

The board approved Jobs’ request and took effect immediately.

(Source: 1,2,3)