Steve Jobs Resigns as CEO of Apple, Tim Cook Takes Over

By on Aug 25, 2011 in Current Events, Events, Internet, Technology, United States, World Comments

Steve Jobs has resigned as chief executive officer of Apple Inc. and will become Apple‘s Chairman of the Board.



Steve Jobs
Image Credit: Matt Yohe and wikipedia.org

According to several international news reports on Wednesday, August 24, 2011, Steve Jobs addressed his resignation letter 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” said Jobs in the opening statement of his resignation letter.

Apple has promoted Tim Cook as chief executive officer. Cook was previously chief operations officer at Apple prior to Steve Jobs‘ resignation.

Below is a copy of Steve Jobs resignation letter taken from Wall Street Journal.

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



Spread The News!



Tags: , , , , , , ,

Advertisement

Related News



What's On Your Mind?




Pinterest
Email