Steve Jobs steps down at Apple

| August 25, 2011
Steve Jobs steps down at Apple

Steve Jobs has stepped down as chief executive of technology giant, Apple, to be replaced by Tim Cook, previously the group’s chief operating officer.

In his resignation letter, Mr Jobs, who has been on medical leave following a diagnosis of cancer, 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. Unfortunately, that day has come.”

He will remain chairman of the board and will continue to contribute his “unique insights, creativity and inspiration”.

Speaking on behalf of Apple’s board, Art Levinson, chairman of Genentech, said: “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team.”

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