Steve Jobs has resigned as CEO of the company he founded 35 years ago, and saved from the brink of collapse when he returned in 1997 with Apple’s aquisition of NeXT. No specific reason was given for the resignation, but Jobs had been on a partial medical leave for a while now. He has has bouts of pancreatic cancer and related health complications from it.
Jobs will continue to be employed by Apple and will serve as chairman of the board. Current COO Tim Cook, who in Steve’s absence both now and in the past has assumed the CEO duties, will be the new CEO of the company.