Yes the day has finally come. Steve Jobs, the man who made Apple what it is today, has resigned as the CEO of Apple.
Here’s the letter by Steve.
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.
According to Techcrunch, Apple COO Tim Cook will take over Steve Jobs as CEO. This was recommended by Steve as Tim Cook has filled in for Jobs when he went for medical leaves (including the one he has been on this year), this has been widely expected if and when it came time for Jobs to step down.
Also as requested, Jobs has been elected as Chairman of the Board and will remain with the company in that capacity. Cook will join the Board as well.