According to an article in The Wall Street Journal from the unusually accurate Kane, a few members of Apple’s board have discussed possibilities for Steve Jobs future replacement. The members are believed to have spoken with executive recruiters as well as at least one head of a high profile tech company. The source of the information is “people familiar with the matter”. The Wall Street Journal even managed to get an email from Steve Jobs in response to its questions.

Mr. Jobs said Monday in an email, "I think it's hogwash." An Apple spokesman declined to comment.

If this turns out to be true, the directors don't appear to have been acting on behalf of the full board or with the knowledge of Steve Jobs either. Always a dangerous game to play in any business; especially one as high profile as Apple! On the other hand, it would be foolish for any business with its CEO on a medical leave of absence, not to have long term plans in place.

[WSJ]