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Steve Jobs Resigns As Apple CEO, Effective Immediately
By
Jen Chung
Published Aug 24, 2011
Modified Aug 25, 2011
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Reuters
By
Jen Chung
Published Aug 24, 2011
Modified Aug 25, 2011
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Steve Jobs, the co-founder of Apple, has resigned as CEO from the technology company. He says, "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." His letter to the board is below.
Jobs has been fighting pancreatic cancer since 2004 and announced a medical leave of absence in January. However, he had appeared at the iPad 2 launch in March and the iCloud launch in June.
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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Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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