Jobs Takes Medical Leave, Tim Cook Takes Over

Steve Jobs has just announced he’s taking medical leave from the company. Tim Cook will take over his role in Jobs’ absence. “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,” Jobs writes, “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.” We wish all the best to Jobs and his family.

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