August 24, 2011

Steve Jobs Resigns as CEO of Apple

In a state­ment released by Apple’s Board of Direc­tors ear­li­er today they announced that Steve Jobs will be step­ping down as Chief Exec­u­tive Offi­cer of Apple effec­tive today. The exec­u­tive board then elect­ed Jobs as Chair­man of the Board so he will still be involved in Apple to some extent. Replac­ing Steve Jobs will be Tim Cook Apple’s Chief Oper­at­ing Offi­cer respon­si­ble for world­wide sales and oper­a­tions.
Art Levin­son, Chair­men of Genen­tech, stat­ed on behalf of Apple’s Board:
“Steve’s extra­or­di­nary vision and lead­er­ship saved Apple and guid­ed it to its posi­tion as the world’s most inno­v­a­tive and valu­able tech­nol­o­gy com­pa­ny. Steve has made count­less con­tri­bu­tions to Apple’s suc­cess, and he has attract­ed and inspired Apple’s immense­ly cre­ative employ­ees and world class exec­u­tive team. In his new role as Chair­man of the Board, Steve will con­tin­ue to serve Apple with his unique insights, cre­ativ­i­ty and inspi­ra­tion.”
Levin­son also stat­ed that the Board had com­plete con­fi­dence in Tim Cook and that he was the right choice to be Apple’s next CEO.
When Jobs sub­mit­ted his res­ig­na­tion he also strong­ly rec­om­mend­ed that Cook be his replace­ment as CEO in a per­son­al state­ment not­ed here:
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.
So what do you guys think?  Will this affect Apple’s future? Do you care or are you clutch­ing your Iphone curled in the cor­ner cry­ing why? Why? Do all the good ones have to leave?.… Haha.  I per­son­al haven’t been a fan for some time now because of the iron­clad con­trol they keep over their hard­ware and soft­ware squeez­ing out us lit­tle guys who like to tin­ker and cre­ate our own builds! Who knows maybe Apple will bring back the gold­en age of the Mac once again, but only time will tell!
source: engad­get

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