Steve Jobs Takes Leave Of Absence From Apple
by Ji Kim
January 14, 2009
Apple CEO Steve Jobs announced in an e-mail to Apple employees today that he is taking a medical leave of absence through June to deal with lingering health issues.
Team, I am sure all of you saw my letter last week sharing something very personal with the Apple community. Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week I have learned that my health-related issues are more complex than I originally thought. In order to take myself out of the limelight and focus on my health, and to allow everyone at Apple to focus on delivering extraordinary products, I have decided to take a medical leave of absence until the end of June. I have asked Tim Cook to be responsible for Apple’s day to day operations, and I know he and the rest of the executive management team will do a great job. As CEO, I plan to remain involved in major strategic decisions while I am out. Our board of directors fully supports this plan. I look forward to seeing all of you this summer. SteveApple's stocks plummetted 8% in after hours trading following the announcement. [via Apple PR] [image source Mactropolis]