Steve Jobs Resigns as CEO of Apple

By  at Thursday, August 25, 2011  

Steve Jobs, the creator of best smartphone to date, announced today that he has resigned as CEO of Apple. Apple's previously Chief Operating Officer, Tim Cook, will be the new CEO of Apple while Steve Jobs is now the chairman of the company.

Tim cook and Steve Jobs

Steve Jobs submitted his resignation letter to the Board today and strongly recommended that the Board name Tim Cook as CEO. Here's the resignation letter from Jobs:
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.


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