Steve Jobs resigns as CEO of Apple, becomes Chairman of the Board, Tim Cook becomes new CEO

Steve Jobs resigns as CEO of Apple, becomes Chairman of the Board, Tim Cook becomes new CEO

Apple has just announced that Steve Jobs has resigned as CEO, and will now take over as Chairman of the Board. Tim Cook, formerly COO, will replace Jobs as CEO and also join the board as a director.

“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple's Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”

“The Board has complete confidence that Tim is the right person to be our next CEO,” added Levinson. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”

Steve Jobs' letter to the board, after the break.

[Apple PR, Apple PR]

August 24, 2011–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.

UPDATE: The Wall Street Journal's Yukari Iwatani Kane, who's sources are uncannily accurate, added that Jobs will remain involved going forward. [WSJ]

People familiar with the situation have said that Mr. Jobs continues to be active at Apple and is closely involved in the company's product strategy.

Have something to say about this story? Share your comments below! Need help with something else? Submit your question!

Rene Ritchie

Editor-in-Chief of iMore, co-host of Iterate, Debug, Review, Vector, and MacBreak Weekly podcasts. Cook, grappler, photon wrangler. Follow him on Twitter and Google+.

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Steve Jobs resigns as CEO of Apple, becomes Chairman of the Board, Tim Cook becomes new CEO

85 Comments

Sorry to hear steve has resigned! I hope he's well and thank the great gadgets thatnhave changed my life..

even as a google fan boy i respect this man and what he did for the company! best of luck to him

Same here. I'm an android user but I never drank to android fanboy cool aid. I was also offered to suck andy Rubins cock but, I have my girl so....

Apple is better than FINE, this is actually a good move for Apple.
Of late, Apple has gotten more and more greedy and evil, and even more controlling, and restrictive.
All of that is Steve. When he was absent, many long overdue features snuck into IOS, features that were common in other devices. All of that was Cook.
Steve has sullied Apple's good name. Apple does not have to be as Evil as they have been hell bent on becoming.

Whether it's Jobs or Gates or Edison, etc., these extraordinary visionaries will always have their detractors. How could you not? Being the boss is hard enough, but when you're at the helm of a ship like Microsoft or Apple, you're going to rub some people the wrong way.
I look at my life and ask the question, has Apple made an impact? Hell yeah! And I'm not even a techie, but a 49 year old guy that would be considered almost illiterate by techie standards.
But I've spent at least a couple of thousand on Apple products in the last couple of years. I'd say Mr. Jobs is an absolute genius. And to think Apple was at one time thought of as having only "cult-like" followers or purchasers. Not any more, thanks to the Ipods, Iphones, Ipads, and my beloved Mac-Mini.
Steve might not be Mr. Personality or Mr. nice guy, but I think we all have our moments. I would be happy if I made a thousandth of a difference to the world that he has, and in a positive way to boot.

Sadly, it would be beyond denial to believe that this means anything other than that Jobs will not be with us much longer. Pancreatic cancer is a death sentence, always. That he has lived for seven years since his diagnosis is nothing short of miraculous. But this disease is relentless. I know many people who have lost parents -- often in the span of a few months -- to this hideous cancer. If any good comes of this, perhaps it is that awareness will lead to money and eventually to treatment.

Very well said. I have a good friend who's just been told he's unlikely to see christmas this year due to cancer, and this news has a similarly deflating tone to it.
It's our major cancer charity's collection day here tomorrow. I'll be donating big.

That's actually pancreatic adenocarcinoma you are referring to (the more common pancreatic cancer, where survival is measured in months). I believe he had a tumor of one of the cells in the pancreas, which is not as deadly as a tumor, but the surgery for it (Whipple procedure) has a high complication rate as well.
I'm not saying that it is not miraculous that he has done reasonably well, but seven years from adenocarcinoma of the pancreas would be extremely rare. But seven years from other types of tumor of the pancreas is more plausible. However, it is still very impressive, since it sounds like he had complications (either other tumor or complications from the Whipple that lead to a liver transplant, or some other reason we don't know).

Steve Jobs was a revolutionary thinker and innovator ahead of his time. Not only did he revoltuitionize personal computing, but he also was the driving force behind the new frontier in handheld devices. Wish him the best of luck in his future endeavors.

Totally shocked.
May he, at least, life a long, joyful, remainder of his life.
Reflecting on what he achieved, and knowing, he has left a true mark on society, and that his successor(s), will continue on with his dream.

I can just see now all the immature - living off the goverment android fanboys cheering thinking apple will die and their little green gay robot will take over the world like some childrens cartoon show.
Not gonna happen kids . get over it

What makes you think I'm living off the government? And what makes you think I'm a kid? And exactly what makes you think I'm some sort of heartless piece of trash that would cheer for something like this? The man is dying. Really now, why don't you just leave? You don't contribute anything worthwhile.
Oh and "little greey gay robot" ... You're calling us kids? It's spelled green, by the way.

Even though I hate Apple (also with all the patents and suing, etc), I have to admit that Steve Jobs has been a key figure in guiding today's technology and innovation. Hope

Nope. Your gay robot won't take over the world like in some childrens cartoon show. get over it kid.

Even his most ardent detractors must concede all he has done across multiple businesses. Hopefully the eulogizing around the blogosphere proves incorrect, and he is able to continue in this new capacity for years to come.

Seems odd that this announcement and his auto autobiography come out so closely, any sickness makes me sad, no difference here...

Even though Steve isn't CEO, I'm glad he's staying on. He'll always be CEO in my book. No disrespect to Tim Cook at all, but Steve Jobs has pretty much become the face of Apple.

um actually Xerox introduced the first GUI with the Xerox 8010 Information system (aka the Xerox Star) in 1981 a full two years before the release of the Apple Lisa. As for the rest of your statements they are they are hyperbole at best. I totally agree that he is one hell of a businessman.
But all of his "successes" were made on the back of others all the way back to Steve Wozniak (who I hold in a much hirer regard). I'm a huge believer in giving credit where credit is do. Yes Mr. Job's leadership brought Apple back from the brink, but all of Apples amazing products were the result of Apple's computer hardware and software engineers

Good call on Xerox, i was going to reply the same. It's like Apple fans live in this bubble where they believe what their master tells them. It's kind of sad to watch grown ups being told what they can and can't do like children.

Let us also remember it was in all reality Microsoft that saved Apple from bankruptcy (a twist of irony if ever there was one) with the $150 million investment in Apple that kept them afloat to pay the bills.
That was a day I remember well when iSteve appeared on stage @ Macworld to announce Microsoft's equity investment & porting of Office to the Mac platform. The crowd had a fit with sneers, boos, & geers (not to mention when Bill Gates appeared on the video screen to announce the deal with Jobs).
Then iSteve showed his true colors; He said to the crowd, & I'm paraphrasing so it's not an exact quote, "Don't blame me for trying to save the company. You people are at fault for not supporting us with your money!"

i don't use a Mac or an iPhone but i applaud and am very thankful for Steve Jobs' hard work, vision, commitment to excellence/perfection, competitive spirit, and overall contributions to the industry which have made ALL of our computers, software, phones, and other devices BETTER. let's give credit where credit is due - the man has single-handedly improved our lives through his contributions to consumer technology and all of us all over the world are a lot better off for it.

This is sad for sure. I've always been an Android user, but it really sounds like his fight with cancer is turning south. People who are saying things like "yay go android" about this news need to grow the hell up. Someone dieing is more important than any stupid fanboyism

Well when apple introduces there new iPhone... I hope Steve jobs still is the speaker... He is an awesome speaker. Anybody agree????

i dont wanna see android take over even as an android user than theres no competition or fun in the tech world!

Im a Blackberry user and this news is still sad to hear. Steve Job has created an iconic device and built his company to great success. This is a sad day for all technology users, as many of us wouldnt have the devices that we have now if it wasnt for Apple. May God be with him and his family.

Lloyds are just robots. They never even had a life.
They also lack the ability for compassion.
Signed, A Human Being.

This is timed to CIO IDE with the iPhone 5 announcement. Stock will tumble temporarily with the news, then rebound with the new products. This was the chance to get out on a high, and preserve company value. CEO till the end...

Well the star was a commercial product so it was avalible to the "masses" all be at an exorbitant price of something like $25,000, and even the Lisa was well over ten grand. It wasn't till the Macintosh one or two year's later till it became affordable (and by affordable I mean $2,500. So in short no apple wasn't the first to have a commercially available GUI, but they were the first to have a GUI that was viable for the every man.

Steve is much more of a evil genius marketing person than he'll ever be an innovator (taken from the work inventor). The only original innovation he ever had was iTunes, the rest you took the idea.

Perhaps now Apple can quit embarrassing themselves with frivolous lawsuits and patent wars. You know, go back to innovating to compete, not litigating. Apple is a great company that makes beautiful products that are overpriced spec-wise, but, beautiful. However, Jobs is a greedy, whiny little man who, although turning the company around with his leadership in the past, has really begun driving Apple as a company downhill in the past couple of years. As much as I may dislike the man as a person (again, I'm separating Jobs and Apple), I would never wish death on anyone at all. If this news comes because of his illness, then I'm actually pretty sad about this...but if this news comes simply because everyone in Apple that wasn't Steve Jobs finally realized he is mentally insane and is embarrassing the hell out of the company, driving its reputation into the ground, then I'm happy. I think Apple has the potential to do great things once Jobs steps down and somebody more level-headed is in charge. He was a great leader, I'll give him that. Good businessman, too. But he is definitely not respectable as a human being to me. Perhaps he was in the past, but not these days. However, I don't want the silly crazy guy to die. I just want him to step down, leave Apple, and recede into his place of residence and talk to his 33,000 cats from now on.

Tim Cook is the wrong choice for the CEO. He can't give Apple the magic touch as Steve does :-(

Let me preface my comment by saying that I am an Android fan, but I don't hate Apple or iOS, I am not here to bash it, Steve Jobs, or you - its community. I feel that we can disagree on our choice of platforms without being disagreeable.
I have mixed feelings about this announcement. Unquestionably, Steve Jobs played a large role in revolutionizing the way we interact with our phones and bringing the internet and mobile computing to our fingertips. The release of the iPhone helped drive the mainstreaming of the smartphone market. On the flip side, I don't find him agreeable as a person, and I feel he is the embodiment of a level of corporate arrogance at Apple. His controlling nature with regards to iOS and his public comments and actions have turned me off to Apple devices, which is a shame since I do feel that it has great design and many strengths. I do not fault anyone for liking iOS devices, but they aren't for me, and I would be lying if I said that Steve Jobs wasn't a factor in my feelings towards iOS. I hope this will bring some level of change at Apple and that they innovate and become more open to alternate ways of using the Platform, and continue to compete in the market rather than try to stifle competition through litigation.
I believe that both Android and iOS can thrive in the market and that the presence, growth and success of both platforms will drive both Google and Apple to give us better products and further the development of even better technology as a whole. I hope and believe that many of you feel the same. I don't beleive the mobile OS market has to be a one size fits all type of deal. It shouldn't be, as competition spurs innovation. Apple is a brilliant company, and I have no doubt it will continue to create great products and help move technology forward.
If this announcement is due to his health, I wish him the best and for a full recovery. I lost my uncle to pancreatic cancer and its a brutal disease.
Finally, to anyone claiming to be an Android fan and cheering this announcement or his potential poor health, grow the f*ck up. People like you make our community look bad and frankly wishing ill health upon someone over a mobile OS makes you a poor excuse for a human being.
Steve Jobs was the driving force behind one of the most influential technology companies of the modern age, and we all lose a bit for not having him in it.

For the most part I agree with you. I wish the man no ill will in regard to his health. To do so makes you completely classless.
I have waited for a day to let this news sink in & permeate the blogs before I offer any comments. Sometimes it's good to get the pulse of others before you offer your own view. I'm pleased to see a much more balanced reaction than I thought would have happened. Steve is being cheered for his leadership of Apple. As well he should be. But I'm seeing more & more people taking a more objective look at his faults which are quite numerous.
Nobody is perfect. But most of our flaws stay hidden in the privacy of our homes or on a blog somewhere the rest of world could care less about. Steve Jobs happened to have some of his more famous rants & implosions in the public eye. Statements like "The consumer doesn't know what they want. That's my job. They will buy what I tell them too." I'm sure that's not exact but close enough to demonstrate his arrogance. Of course prior to the internet & the "Google It" effect of it being said & living forever, some of the more infamous rants of Jobs are only part of the memory of former employees & tech writers.
The true measure of this man isn't fully written. His business acumen is well known & respected. But in my own personal view his human flaws, the disowning of his first child come to mind, make him a less than worthy person of too much praise.

Is it a coincidence that Steve jobs resigns just after they failed to stop Samsung ? They went in with 10 infringement claims of which one held but will easily be circumvented by Samsung so although many sites were saying this was a huge win for apple, they have all pretty much updated saying this was a meaningless win.on top of that Samsung are still counter suing..this whole thing has become an embarrassment for apple and I am wondering if this may have been also reason of jobs resigning early....and yes u know his ill but this is a huge coincidence

I don't know why I hate apple. Maybe Its because I am following a tradition of Android, but, here I am!!! I don't hate Steve at all. I have read a book on him 'icon' and that has made me do something,respect Steve. I think he is unarguably the most great leader in the whole world. My prayers and hopes are with you Steve.

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