Apple CEO Steve Jobs announced on Monday that the company’s Board of Directors has granted him a medical leave of absence, though he will continue to hold the role of CEO. Chief Operating Officer Tim Cook will run day-to-day operation, as he did during Jobs’ last extended absence.
Jobs famously suffered from pancreatic cancer in recent years; in 2009 he took a six month leave of absence as he battled health issues and underwent a liver transplant. As much as I dislike some of the decisions he has made, Steve Jobs knows what he wants and is not afraid to go get it. I cannot think of a single other example where one person has literally defined a company. Best wishes to Steve and his family!
The full text of Jobs’ letter to employees is reproduced below:
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
