Steve Jobs Resigns as CEO of Apple

Aug 24, 2011 - 16 Comments

Steve Jobs resigns as CEO of Apple

Steve Jobs has resigned from his role as CEO of Apple, but he will stay on as Chairman of the Board. Tim Cook, the current COO, will become CEO effective immediately.

Steve Jobs provided the following resignation letter:

To the Apple Board of Directors and the Apple Community:

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.

Steve

We wish Steve the absolute best.

You can read more on Apple’s press release.

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Posted by: Matt Chan in News

16 Comments

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  1. Peter says:

    Hopefully it’s just to retire and not for any serious reasons!

  2. David Patterson says:

    Very sad because this means his health issues are getting in the way of the demanding CEO duties, but as Chairman of the Board he will continue to be a visionary.

    Thought not official, Tim Cook has been CEO for this entire year, and Apple has done amazingly well, so nobody should expect anything to change.

    Get well soon Steve!

  3. Dave says:

    Very sad news. It is like visiting an old friend in the hospital knowing the days left are few. You really can’t find proper words at these times. I know in my heart there is no way Steve would do this willingly, it is a very bad sign. If Steves message is read carefully it is pretty obvious he didn’t want to write the letter in the first place.

    I have a feeling all technology stocks will crash tomorrow.

  4. helmsford says:

    “I have made some of the best friends of my life at Apple” sounds reminiscent in a way that suggests there isn’t going to be a return…

  5. Damo says:

    I think this sums it up the best, and ofcouse “Thank you”.

    Here’s to the crazy ones.

    The misfits.
    The rebels.
    The troublemakers.
    The round pegs in the square holes.
    The ones who see things differently. They’re not fond of rules.
    And they have no respect for the status quo. You can praise them, disagree with them, quote them,
    disbelieve them, glorify or vilify them.
    About the only thing you can’t do is ignore them.
    Because they change things.

    They invent.They imagine.They heal.
    They explore.They create.They inspire.
    They push the human race forward.

    Maybe they have to be crazy.
    How else can you stare at an empty canvas and see a work of art?
    Or sit in silence and hear a song that’s never been written?
    Or gaze at a red planet and see a laboratory on wheels?
    We make tools for these kinds of people.

    While some see them as the crazy ones,
    we see genius.
    Because the people who are crazy enough to think
    they can change the world, are the ones who do.

  6. Barry Smoot says:

    “iQuit”

  7. […] Board of Directors and the Apple Community: I have always said if there ever […]View full post on OS X DailyGet more Daily Mac Tips View full post on MacFanboys – Mac Tips & […]

  8. James says:

    Jobs did many wonderful things for Apple and I hope his health issues improve.

    I do believe a breath of fresh air in the CEO position may not be the worst thing in the world. As brilliant as Steve is, he also has some “issues” that I think have held Apple back in the past. This goes all the way back in history to not opening Mac OS to other computers to his current hatred of Flash or forcing iPhone owners to “jailbreak” phones to make changes.

    I wish to best to Steve and to Apple. May both of their futures remain bright.

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