“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,” Mr. Jobs said in his resignation letter. “Unfortunately, that day has come.”
By now, I’m sure you’ve all heard that Steve Jobs resigned as CEO of Apple. However, his expertise, charisma, and product vision will remain at the forefront of the company. As he mentioned in his resignation letter: “I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.” Steve Jobs is not leaving Apple; he is only stepping away as CEO. His new job will give him more flexibility and the ability to focus on his health. Jobs will be succeeded by Tim Cook, who has served as Apple’s chief operating officer since 1998.
“This definitely marks the end of an era,” said Michael Gartengerg, an analyst for Gartner, but he added that “there’s much more to Apple than Steve Jobs.”
For more on Jobs, check out this article on Fast Company: What Makes Steve Jobs So Great?