Wednesday, August 24, 2011

Steve Jobs Resigns Post As Apple CEO

Steve Jobs has resigned as the Apple CEO with immediate effect. Below is 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. 
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. 
I wish Steve Jobs all the best! It is sad to see him go as CEO, but what he has done for the computer industry, especially consumer electronics, is unparalleled and he should hold his head high as I am sure he will. Tim Cook has officially been named CEO and Jobs elected Chairman of the Board.