Future of Apple with Tim cook

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Future of Apple with Tim cook

Apple's Board of Directors have 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.

It is believed that Jobs has submitted his resignation to the Board and recommended Tim Cook as CEO.

Cook was previously responsible for all of the company's worldwide sales and operations, including end-to-end management of Apple's supply chain, sales activities, and service and support in all markets and countries as COO. He has headed Apple's Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.

Art Levinson, Chairman, Genentech on behalf of Apple's Board said, "The Board has complete confidence that Tim is the right person to be our next CEO. Tim's 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does."


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