The board of technology firm Apple, Inc., US, has announced that Steve Jobs has resigned as Chief Executive Officer. He has been elected Chairman of the board. Tim Cook, previously Apple's Chief Operating Officer, has been named the new CEO.
Jobs submitted his resignation to the board and strongly recommended that it implement its succession plan and name Cook as CEO. As COO, Cook was previously responsible for all of the company's worldwide sales and operations, including end-to-end management of Apple's supply chain, sales activities, and service and support in all markets and countries. He also headed Apple's Macintosh division and reportedly played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.
Apple designs Mac personal computers, along with OS X, iLife, iWork and professional software. It further claims to lead the digital music revolution with its iPods and iTunes online store. Its mobile phone offerings include the iPhone with apps from the App Store. The company recently introduced iPad 2, which is said to define the future of mobile media and computing devices.
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