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Steve Jobs Leaves Apple, Tim Cook To Take Charge

Apple have released a press release announcing that the CEO and technology leader Steve Jobs is to leave Apple.

Piers Fawkes, PSFK
Piers Fawkes, PSFK on August 24, 2011. @piers_fawkes


Apple have released a press release announcing that the CEO and technology leader Steve Jobs is to leave Apple and be replaced by Tim Cook. The press release reads:

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.

 

Reuters calls this “a stunning move” and comments about Jobs ongoing health problems:

“The 55-year-old Apple co-founder and pancreatic cancer survivor has been on medical leave for an undisclosed condition since January 17.”

When Steve Jobs left on medical leave in January of this year, he told staff that he would remain CEO while he received treatment. The tone of this press release is far more ominous. We wish him well.


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