tim cook

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 hisRead more…

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