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Steve Jobs Resigns. Tim Cook Is New Apple CEO.

Question asked by Kaustubh Katdare in #Gadgets on Aug 24, 2011
Kaustubh Katdare
Kaustubh Katdare · Aug 24, 2011
Rank A1 - PRO
Steve Jobs and Steve Wozniak (Read: Small Talk with Steve Wozniak) together started a technology company to revolutionize personal computing. Apple Inc. today is world's second most valuable company today leaving its competition billions of dollars behind. Major contribution to Apple's success comes from Steve Jobs - the man who's responsible for popularizing lot of innovative products in the personal computing domain. Steve Jobs declared few hours ago that he's stepping down as the CEO of Apple and recommended Tim Cook as the next CEO of Apple - which the Apple board has agreed to. Jobs has said that he'll remain an Apple employee and and the chairman of the board. "<em>Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,</em>” said Art Levinson, Chairman of Genentech, on behalf of Apple's Board. “<em>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.</em>”

Steve Jobs Resigns

Tim Cook has filled in for Steve Jobs during his medical leaves. It's expected that Cook will join the board as well. Steve Jobs wrote the following letter to the board of directors and everyone in the Apple community -

<span style="color: #3366ff;"><em>To the Apple Board of Directors and the Apple Community:</em></span>

<span style="color: #3366ff;"><em> 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.</em></span>

<span style="color: #3366ff;"><em> 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.</em></span>

<span style="color: #3366ff;"><em> As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.</em></span>

<span style="color: #3366ff;"><em> 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. </em></span>

<span style="color: #3366ff;"><em> 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.</em></span>

<span style="color: #3366ff;"><em> Steve</em></span>

We'll miss you Steve! Thank you for everything!

Source: Apple Posted in: #Gadgets

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