Thursday, August 25, 2011

Jobs Gone, Cook In

Apple CEO Steve Jobs resigned from Apple, citing what he considers his inability to perform the job. Jobs has battled pancreatic cancer.

From his resignation letter:

'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.'

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