August 24, 2011 06:35 PM Eastern Daylight Time

Steve Jobs Resigns as CEO of Apple

Tim Cook Named CEO and Jobs Elected Chairman of the Board

CUPERTINO, Calif.--(BUSINESS WIRE)--Apple's Board of Directors today 
announced that Steve Jobs has resigned as Chief Executive Officer, 
and the Board has named Tim Cook, previously Apple's Chief Operating 
Officer, as the company's new CEO. Jobs has been elected Chairman of 
the Board and Cook will join the Board, effective immediately.

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http://www.businesswire.com/news/home/20110824006505/en/Steve-Jobs-Resigns-CEO-Apple

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