Steve Jobs Resigns As CEO Of Apple, Elected Chairman Of The Board, Tim Cook Named New CEO

News | Friday August 19 2011 3:00 PM | Comments (0) Tags: , , , , , , , ,

Apple ‘s CEO and co-founder Steve Jobs has resigned as the CEO of Apple in a letter to the Apple Board of Directors and the Apple community.
Apple Board of Directors have named Tim Cook – Apple ‘s Chief Operating Officer as Apple ‘s new CEO and elected Steve Jobs as the Chairman of the Board, so we hope that Steve Jobs will still play an active role at Apple .
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. 
Art Levinson, Chairman of Genentech and a Apple board member has issued the following statement on behalf of Apple ‘s Board:
Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company. 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.
since January 2011, but it still comes as a shock to us.
Thank you Steve Jobs for bringing us such innovative products and being such an inspiration. We wish you good health and happiness.

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