Apple’s board of directors announced last night that Steve Jobs has resigned as the company’s CEO, and Tim Cook has been named CEO. Jobs has taken a position as chairman of the board.
Although the news is shocking, it’s not entirely out of left field, as health problems had interfered with Jobs’ day-to-day duties with the company in recent years. In 2004, he was diagnosed with pancreatic cancer, and had surgery to remove the tumor, which was successful. However, due to his increasingly frail appearance and absences from Apple events, the state of his health was often under speculation.
Tags: steve jobs