After taking medical leave of absence earlier this year, Steve Jobs has announced his resignation as CEO of Apple.
The founder of the tech behemoth and the man who brought us the iPod, iPhone, iPad, and basically revolutionized digital music has stepped down and will be replaced by current COO Tim Cook.
In a letter to Apples Board of Directors, Jobs wrote:
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
Apple has confirmed that Jobs has been elected Chairman of the Board, which Cook will also join.
