Jobs Resigns, Naming Tim Cook as CEO

On August 24, 2011, Steve Jobs made a significant announcement regarding his resignation as CEO of Apple Inc. In a heartfelt letter to the board, he stated, '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.' This marked a pivotal moment in the tech industry, as Jobs had been a driving force behind Apple's innovation and success. Following his resignation, Jobs transitioned to the role of chairman of the board, ensuring a smooth leadership change by naming Tim Cook as his successor. Despite stepping down, Jobs remained actively involved with Apple, continuing to work until just a day before his passing six weeks later. His legacy and vision for Apple continue to influence the company and the technology sector at large, underscoring the profound impact he had during his tenure. #mooflife #mof #MomentOfLife #SteveJobs #AppleInc. #CeoResignation #TimCook #TechIndustry