Steve Jobs Resignation Letter Reaches Apple BoD, CEO Bids Farewell
In a surprising move that has shaken the technology market to its core, Steve Jobs, the legendary CEO of Apple Inc. under whose guidance the company thrived into the world’s biggest technology firm has now submitted his resignation to the Apple Board of Directors. As per his recommendations, the current Chief Operating Officer (COO) for Apple Inc. Tim Cook will be taking over the affairs of the company. As of now, no concrete reason has been offered by Apple in regards to Steve’s departure. However, as the speculations surrounding the resignation of Steve Jobs point towards his deteriorating health condition. In the month of January this year, Steve had taken a medical leave to get treatment for his pancreatic cancer and it’s also being said that the cancer might have returned, forcing Steve to take this step. As per his letter to the Apple Inc. Board of Directors, Mr. Cook will now become the CEO of the company, while Steve will assume the role of ‘Chairman of the Board’.
Apple Inc. was initially founded by Steve Jobs and Steve Wozniak in the year 1976 and Mr. Jobs has served his company with utmost dedication, till the year 1980 when he was removed from the post of CEO by the Board of Directors. However, just a decade later, Steve again assumed the role of CEO and found his beloved company in tatters, requiring immediate intervention. Under the able leadership of Steve Jobs, Apple Inc. left off its old line of products and began introducing some of the most famous Apple products such as Apple Mac, iTunes, iPod, Apple iPhone etc. As per his new role of the Chairman of the Board, Steve will be able to provide his most valuable insights into the company’s workings without being weighed down by the responsibilities of being an Apple CEO.
In letter to the Apple Board of Directors, Steve Jobs said,
“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.”Via: email
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