Seven Years Ago Today: Steve Jobs Resigns as CEO of Apple, Tim Cook Named His Successor
Today marks the seventh anniversary of the late Steve Jobs resigning as CEO of Apple. In a letter addressed to Apple's Board of Directors, dated August 24, 2011, Jobs strongly recommended then-COO Tim Cook be named his successor.
Letter from Steve Jobs:
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
Apple's Board of Directors approved the request, effective immediately, with Jobs elected Chairman of the Board. Jobs reportedly remained closely involved with Apple's strategic decision-making until passing away October 5, 2011.
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Top Rated Comments
From my perspective as a long time Apple fan, he is no Jobs, and my love for Apple has diminished to the point that for the first time since the mid-90's, I am strongly looking elsewhere for my electronic needs.
I believe Apple's brightest and most innovative days are ahead of it"
The biggest mistake Steve Jobs ever made.
Complete lack of innovation.
Poorly designed Hardware.
Shoddy after sales service.
The shareholder is doing well though.
11 years of aging in a single GIF: