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Steve Jobs steps down as Apple CEO, Tim Cook chosen as replacement

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Steve Jobs

It has just been revealed that Steve Jobs is resigning from his position as CEO at Apple. Jobs will remain at Apple as chairman of the board and recommended he be replaced by Apple chief operating officer Tim Cook. The change in power has been made official today.

Jobs announced his resignation in a letter to the Apple’s board of directors and the Apple community at large. It is posted below.

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

There is currently no clear reason why Jobs has resigned. Many will attribute his decision to his questionable health. However, nothing is certain at this time. We’ll follow this story as it develops.

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