Steve Jobs Resigns as Apple CEO

Legendary Apple CEO Steve Jobs (Full Name: Steven Paul Jobs) has announced his resignation as CEO of the company he co-founded in 1976. However, he has decided to remain active his company as Chairman of the Board.

In his resignation letter, Steve wrote: “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.”

As per his strong recommendation of Chief Operating Officer Tim Cook to take over his position, the Board has named the 50-year old as the new CEO effective immediately.

In addition to co-founding Apple and launching the personal computing industry, Jobs a central role in revolutionizing several entertainment industries – music with iPods, mobile phones with the iPhone, movie animations through Pixar and media consumption through the iPad.

In 2004, Steve was diagnosed with a rare form of pancreatic cancer for which he underwent a liver transplant operation in 2009. He has been active at Apple despite taking medical leaves of absence to deal with his illness.

The visionary leader will be missed as CEO of the most iconic technology company. Hopefully in his role as Chairman of the Board, Steve will continue to help guide Apple into creating more innovative products and services for its adoring consumers.

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