Posts Tagged ‘CEO of Apple’

Steve Jobs Resigns as CEO of Apple: The End of the Apple Era?

August 25th, 2011

Steve Jobs resigns as ceo of Apple

You gotta be kidding right? This is it, The End of Apple Era. What a shocking news for the world and millions of apple fans. I myself personalty was shocked to know that. Now am thinking, who will unveil the iphone 5, it wont be that much exciting in conference room with out Steve Jobs Speech and style of introducing new product.

I will seriously miss his legendary words “O wait, There is One more Thing” :(

Steve Jobs Resigns as CEO of Apple and Tim Cook appointed as the new CEO of Apple.

Steve Jobs, the man who is largely credited with resurrecting Apple in the 1990s, has officially resigned as CEO of Apple. This news was comes with little surprise: When the former Apple CEO was diagnosed with pancreatic cancer in 2004, rumors immediately began to circulate that his resignation was only a matter of time.

Steve Jobs, the ailing tech visionary who founded Apple Inc.,  said he was unable to continue as chief executive of the technology giant and handed the reins to Chief Operating Officer Tim Cook.

Apple said Mr. Jobs submitted his resignation to the board of directors on Wednesday and “strongly recommended” that the board name Mr. Cook as his successor.  Mr. Jobs, 56 years old, has been elected chairman of the board and Mr. Cook will join the board, effective immediately, the company said.

“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,” Mr. Jobs said in his resignation letter. “Unfortunately, that day has come.”

Art Levinson, chairman of Genentech and an Apple board member, said in a statement that the board “has complete confidence that Tim is the right person to be our next CEO. ” He added that Mr. Jobs will “continue to serve Apple with his unique insights, creativity and inspiration.”

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.

PRESS RELEASE: Letter from Steve Jobs

August 24, 2011-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.

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