Steve Jobs Resigns as Apple CEO

Breaking news out of the Silicon Valley this afternoon as Steve Jobs has resigned as Apple’s CEO.

The 55-year-old Apple co-founder and cancer survivor has been on medical leave from the company for an undisclosed condition dating back to January 17. You’d have to think that Jobs health must be the primary issue for this decision. I can’t see him leaving his post, and taking the title of Chairman, for any other reason.

Here’s what Jobs wrote in his resignation letter (from thisismynext.com):

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

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4 Comments on “Steve Jobs Resigns as Apple CEO”

  1. Sinecta.com Says:

    Steve Jobs resigns as CEO, named chairman…

    SAN FRANCISCO – Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move at the technology giant he co-founded in a garage. The 55-year-old Apple co-founder and pancreatic cancer surviv……

  2. One Op Says:

    I understand pancreatic is one of the most difficult cancers to survive. Steve has done well for quite awhile with it and I sincerely hope there are still good days for him.

  3. Alexander Says:

    Unfortunately , cancer takes away valuable people, it doesn’t look how rich or poor you are.

  4. sandy1961 Says:

    Wow-
    How sad!! The best of EVERYTHING for you Steve!
    At least he understands that he may not be the best man for the job any longer.
    To bad our (people in power)don’t understand when to hang it up!!They believe they should hold office even when the body & brain no longer function!!!


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