Steve jobs resigns as apple's ceo, named chairman


Steve jobs resigns as apple's ceo, named chairman

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Aug. 24, 2011 3:47 PM PT _This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts._ Steve Jobs has resigned his post as


CEO at Apple Inc. Tim Cook, Apple’s chief operating officer who has been filling in for Jobs since the company co-founder took his second medical leave in January, will take over as chief


executive of the Cupertino tech giant. Jobs, 56, has been named chairman of Apple’s board of directors and Cook is joining Apple’s board, too. Two years ago, Jobs, who has also previously


battled pancreatic cancer, took his second medically related leave of absence, which lasted six months as he underwent a liver transplant. His first medical leave took place in 2004. Here’s


the official word from Apple via BusinessWire: > Apple’s Board of Directors today announced that Steve Jobs has > resigned as Chief Executive Officer, and the Board has named Tim > 


Cook, previously Apple’s Chief Operating Officer, as the > company’s new CEO. Jobs has been elected Chairman of the Board and > Cook will join the Board, effective immediately. 


‘Steve’s > extraordinary vision and leadership saved Apple and guided it to its > position as the world’s most innovative and valuable technology > company,’ said Art Levinson, 


Chairman of Genentech, on behalf of > Apple’s Board. ‘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.’ > 


‘The Board has complete confidence that Tim is the right person to > be our next CEO,’ added Levinson. ‘Tim’s 13 years of service > to Apple have been marked by outstanding 


performance, and he has > demonstrated remarkable talent and sound judgment in everything he > does.’ Jobs submitted his resignation to the Board today and > strongly recommended 


that the Board implement its succession plan > and name Tim Cook as CEO. As COO, Cook was previously responsible > for all of the company’s worldwide sales and operations, including


> end-to-end management of Apple’s supply chain, sales activities, > and service and support in all markets and countries. He also headed > Apple’s Macintosh division and played a 


key role in the continued > development of strategic reseller and supplier relationships, > ensuring flexibility in response to an increasingly demanding > marketplace. RELATED:


Apple publishes Steve Jobs’ resignation letter What does Steve Jobs’ chairman role mean for Apple? Tim Cook era begins as Steve Jobs resigns as Apple CEO -- Nathan Olivarez-Giles


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