Aug 31

Steve Jobs Steps Down as Apple CEO

steve jobs resigns

Following months of speculation about the health of Apple’s legendary CEO, Steve Jobs finally hands over his resignation last Wednesday indicating that he could no longer meet the duties and expectations as Apple’s Chief Executive Officer.  He likewise recommended to the Board that the reins be given to Apple COO, Tim Cook.  Jobs was immediately elected as Chairman of the Board while Cook will be given a Board seat.  Despite the resignation, Art Levinson (chairman of Genentech and an Apple board member) confirmed in a statement that the board “has complete confidence that Tim is the right person to be our next CEO.” Meanwhile, he reiterated that Mr. Jobs will “continue to serve Apple with his unique insights, creativity and inspiration.”

Steve Jobs was diagnosed with a rare form of pancreatic cancer in 2004 and underwent a liver transplant two years ago.   When he appeared thin and gaunt during product launches this year which has led many to believe his health was indeed taking a downturn.

Though Jobs will no longer be directly involved in the operations of Apple, it is almost certain that he will still hold influence over the company’s products.  As one of the most renowned American businessmen of this generation, Steve Jobs will leave a legacy of creativity and innovation that has shaped and influenced the tech industry like no other.  He will always be remembered as the one who pushed forward persistently to achieve his visions regardless of the obstacles along the way.  More importantly, he will be remembered as a man who dreamed like no other and made sure they became a reality that would revolutionize an entire industry in leaps and bounds.



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