Tim Cook will be CEO of Apple Inc. Jobs resigns to be elected Chairman of Board.
Check out this link for more details - Steve Jobs resigns as CEO of Apple; Tim Cook named CEO, Jobs elected Chairman of the Board
Source: Apple Inc.
Steve Jobs’ letter 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.
Previous question of who will be Steve's new successor is answered...
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