UTAH TECH UNIVERSITY'S STUDENT NEWS SOURCE | November 11, 2022

Apple CEO Steve Jobs Resigns

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Technological icon and head of Apple Steve Jobs has resigned from the CEO position. This day has been in the back of geek minds for years and has been a more predominant worry since taking his third medical leave in January. His resignation was submitted Wednesday and changes will be in effect immediately.

The resignation letter reads:

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


Tim Cook will become the new CEO of Apple and Jobs will remain as the company’s Chairman. Though jobs will be stepping down from the CEO title, he plans to remain a large part of Apple’s crew.

What do you think this means for Apple?