Steve Jobs resigned as Apple CEO 5 years ago tomorrow

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Tim Cook, left, and Steve Jobs, July 16, 2010.

Credit: REUTERS/Kimberly White

Apple’s post-Steve Jobs leadership era began officially on Aug. 24, 2011 – five years ago tomorrow -- with the announcement of his resignation and the appointment of Tim Cook as new CEO.

The news of his resignation, while not unexpected, was momentous.

Jobs made the announcement in a letter addressed to “the Apple Board of Directors and the Apple Community” and posted to the company’s website:

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.


Long in declining health, Jobs had undergone surgery for pancreatic cancer seven years earlier and had a liver transplant in 2009.

He died on Oct. 5, 2011, 43 days after stepping down as CEO.

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