It’s been announced by Apple that CEO Steve Jobs will be taking a leave of absence on the advice of his doctors. He will remain in the position of CEO and continue to be involved in “major strategic decisions” but Tim Cook will be taking over the day to day operations of the company.
In an email to Apple employees Jobs said…
Team,At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company.I have asked Tim Cook to be responsible for all of Apple’s day to day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011.I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.Steve