Steve Jobs resigns as CEO of Apple
By Tim Stevens posted Aug 24th 2011 6:35PM A major development out of Cupertino: Apple CEO Steve Jobs has stepped down, the board naming Tim Cook as his replacement. The company said "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 himself published the following letter:
"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"
Apple has confirmed that Jobs will stay on as Chairman. Full details in the PR after the break.
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PRESS RELEASE!
Steve Jobs Resigns as CEO of Apple
Tim Cook Named CEO and Jobs Elected Chairman of the Board
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple's Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple's Chief Operating Officer, as the company's new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.
"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."
"Steve's extraordinary vision and leadership saved Apple and guided it to its position as the world's most innovative and valuable technology company," said Art Levinson, Chairman of Genentech, on behalf of Apple's Board. "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."
"The Board has complete confidence that Tim is the right person to be our next CEO," added Levinson. "Tim's 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does."
Jobs submitted his resignation to the Board today and strongly recommended that the Board implement its succession plan and name Tim Cook as CEO.
As COO, Cook was previously responsible for all of the company's worldwide sales and operations, including end-to-end management of Apple's supply chain, sales activities, and service and support in all markets and countries. He also headed Apple's Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.
10am 12pm: WORK: Hotel seminar Session 1 at 1 world hotel
12.30pm to 1.45pm: Lunch with my Future Bro-in-law and my best friend, Andrew @ Hainan Coffee House Section 17..
2pm to 3.30pm WORK: Hotel Seminar session 2 at 1 World Hotel.
3.30pm to 6pm: Chilling at home
6pm: Tapau Taai Chau. Ordered W/o pork they gave Pork. As a result, my maid don't get to eat. Also, ordered Domino's Pizza (1 large/2 regular) which took 1 hour to arrive.
7.20pm: Dinner.
7.30pm: Sis and her future hubby, Bryan bought a Cake from Secret Recipe. "Strawberry-Marshmallow-Cheese Cake.
7.45pm: Cake Cutting.
8.15pm: Meet a friend who wants to tumpang me buy something in Vietnam.
8.30pm: Fetched my Hong Kong Friend, Desmond and his "Girlfriend" at Asia Jaya LRT. Brought them to "IPOH Nga Choy Chicken Rice Restaurant" at Jalan Gasing. I just teman them drink and ate 2 Pork balls. The damage: RM51.
9.30pm: Off to ROYAL LAKE CLUB with Desmond and his "Girlfriend". Listened to live music while watching "Liverpool VS Sunderland" EPL match. Disappointing 1-1 draw @ Fulltime.
12.20am: Send them back to their Condo.
12.45am: Reached home...
That's all folks, thanks for having the time and patience to read this blog entry.