Steve Jobs resigns as CEO of Apple

Aug 24, 2011
Apple Inc. Says Steve Jobs has resigned as CEO at Apple,effective immediately. He will be replaced bt Tim Cook, the company's chief operating officer in Jan 11,2011.

Steve Jobs,
Co-founded Apple in 1976 with Steve Wozniak and Ronald Wayne.

Left in 1985 after an internal power struggle, but returned in 1996 after Apple bought Jobs’ NeXT Computer.

Was one of the first people in the computer trade to recognise the importance of the mouse-based UI.

Announced troubles with cancer in 1994.  
Jobs resignation letter

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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