Steve Jobs, the man most closely associated with Apple, the iPad, and iPhone has abruptly stepped down as Apple CEO Wednesday evening. Jobs has named Tim Cook, Apple’s now former chief operating officer, as his successor. Jobs has confirmed he will stay on as Apple’s Chairman of the Board.
In a letter announcing his decision, Jobs wrote, “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 later added, “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.”
Jobs has had a long history of health problems, most of which have stemmed from a pancreatic cancer diagnosis. He has twice temporarily stepped down from his role to focus on his health, both times leaving Cook in charge of Apple. Jobs has been notoriously private regarding the specific details of his health situation and has only provided insight when necessary for investors and the financial sake of the company. Neither his letter nor the Apple press release announcing the move has cited Jobs’s health as a reason for the change.
Tim Cook is very familiar with Apple, having served as COO and heading Apple’s Macintosh division. He was responsible for managing Apple worldwide sales, including the supply chain and partner relationships.