NBC Bay Area
Scott McGrew and Scott Budman react to the news that Steve Jobs has resigned as Apple CEO.
You can now call him the former CEO of Apple. Steve Jobs made it official Wednesday and released a letter he wrote to the Apple board telling them he can no longer meet his duties as CEO of the Silicon Valley giant.
Here's the resignation letter to the board:
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.
Jobs has been battling health issues for the past several years. He has been on medical leave from the company since mid-January.
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