We all knew it was coming eventually and the day is finally here. In a shocking development out of Cupertino, Steve Jobs has resigned from his position as CEO of Apple and the board has named Tim Cook as his official replacement. The company stated, “Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company.”
Jobs published the following letter of resignation:
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.
A very personal letter to all Apple fans — and though I never much liked the company, I always admired Steve’s hard work and determination in his career. His dedication towards his job should inspire us all to strive for more and succeed in life. Thankfully, Apple has honored Jobs’ request and confirmed that he will indeed stay on as Chairman. Check out the full press release at the source link below.