Apple's Steve Jobs Resigns as CEO, Succeeded by Tim Cook

Apple Inc. Chief Executive Officer Steve Jobs, who built the world’s most valuable technology company, resigned. He is succeeded by Chief Operating Officer Tim Cook.

Jobs took a medical leave of absence Jan. 17 as a rare form of cancer he’s been battling since 2004 and a more recent liver transplant worsened his health, a person with knowledge of the matter said at the time.

“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,” Jobs said in a statement. “Unfortunately, that day has come.”

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Posted in * Economics, Politics, Corporations/Corporate Life, Economy

One comment on “Apple's Steve Jobs Resigns as CEO, Succeeded by Tim Cook

  1. Cennydd13 says:

    My prayers go out to Steve and his family, and to those who’ve worked for him…..some of whom are friends of mine.