Shocking! The man who has been leading the most valuable company in the world, Apple, has now decided to quit as CEO of the company.
Since last few years, Steve Jobs has been undergoing medical treatments in the U.S., but his health is not improving as it was expected. Considering the continuous illness, Steve don’t want to serve as the CEO of Apple. In his letter to the board director, he wished to work as Chairman of the Board, director and Apple employee.
Here’s the last letter of Steve as CEO -
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.
Steve
Unfortunately, we won’t see him again on the stage announcing new products. Apple’s COO, Tim Cook, will now replace Steve in the company. Tim has the past experience of handling all the operations at Apple and has also worked as a CEO during the absence of Jobs.
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