Steve Jobs resigned today as CEO of Apple after 14 years in the position.
In a letter addressed to the Apple Board of Directors and the Apple Community, he said: “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.”
Jobs will be succeeded as CEO by Tim Cook, who was previously the company’s Chief Operating Officer and has been responsible for the day-to-day running of Apple since Jobs took a medical leave of absence in January. Jobs will remain with the company as Chairman of the Board.
“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,” said Jobs.
Jobs battled pancreatic cancer in 2004 and he took a previous six-month leave of absence from Apple in 2009, ultimately undergoing a liver transplant.