Steve Jobs resigns from Apple, Cook becomes CEO - 08/24/11 10:29 PM
Quote:
(Reuters) - Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign at the technology giant he co-founded in a garage.
Apple shares were suspended from trade before the announcement. They had gained 0.7 percent to close at $376.18.
The pancreatic cancer survivor and industry icon, who has been on medical leave for an undisclosed condition since January 17, will be replaced by COO and longtime heir apparent Tim Cook.
Apple shares were suspended from trade before the announcement. They had gained 0.7 percent to close at $376.18.
The pancreatic cancer survivor and industry icon, who has been on medical leave for an undisclosed condition since January 17, will be replaced by COO and longtime heir apparent Tim Cook.
Here's the complete article: Steve Jobs resigns from Apple, Cook becomes CEO
Also: Apple publishes Steve Jobs' resignation letter
I wish him well.