Steve Jobs has just resigned as CEO of Apple and Tim Cook has now taken over the charge as per the Apple succession plan. Since January 17th this year, Jobs has been on third medical leave.
As Chairman, Jobs will “continue to serve Apple with his unique insights, creativity and inspiration,” said Board member Art Levinson. Tim Cook, who has taken over as CEO, was the company’s Chief Operating Officer (COO). Jeff Williams will likely take over as COO.
Here is the resignation letter written by Steve to the board and community (elegant and to the point, as always):
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.
Thank You Steve – You Made The World A Better Place. We all wish you the best of health as he assumes his role as Chairman and Director of Apple!