Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead Congresswoman Carloyn Maloney advocacy and community relations in New York. She graduated from Columbia University in 2003, where it was ... ? Read More

Apple's Steve Jobs resigned from the post of Director-General and Apple just announced that COO Tim Cook took over as Director.
As COO Cook will be responsible for all the company's worldwide sales and operations, including the Office until the end of Apple's supply chain, commercial activities and services and support in all markets and countries. He also headed the Department of the Apple Macintosh, and plays a key role in the further development of a strategic facilitator and relations with suppliers, providing flexibility in response to an increasingly demanding market.
Prior to joining Apple, Cook was Vice President of corporate materials for Compaq and is responsible for procurement and management of all Compaq inventoried products. Prior to his work on Compaq Cook was chief operating officer of the Division reseller in intellectual electronics. Cook also spent 12 years with IBM, most recently the Director of North America, where he led the production and distribution functions for the IBM personal computer company in North and Latin America.
Jobs will be Chairman of the Board of Apple and Cook would take the post of Director-General on board. Jobs actually submitted his resignation to the Board today, and "strongly recommended" that the name of Tim Cook as Director.
In January takes places an indefinite medical leave from the company and while he remained as CEO, Cook took the day-to-day operations for Apple.
Jobs previous medical history includes cancer of the pancreas and liver transplant. In 2004, the work contract, pancreatic cancer, which he won. Then jobs underwent a liver transplant in 2009, and made a full recovery. Then during the absence of jobs in the 2009 year, COO Tim Cook took over Apple's day-to-day activities.
Check out my colleague mg Siegler analysis since January: a few thoughts on Apple's 2011 year, stock, Tim Cook and the future
The full release is below:
Apple's Board of Directors today announced that Steve Jobs resigned as CEO and the Board named Tim Cook, Apple's former chief operating officer, as new CEO of the company. Jobs was elected Chairman of the Board and of the Council, will join Cook immediately.
"Steve extraordinary vision and leadership saved Apple and in keeping with its position as the world's most innovative and valuable technology company," said Art Levinson, Chairman of Genentech, on behalf of the Board of Apple. "Steve has made countless contributions to the success of the company Apple, and he drew and inspired by Apple's extremely creative professionals and Executive Group world class. In his new role as Chairman of the Board, Steve will continue to serve as Apple with its unique ideas, creativity and inspiration. "
"The Council has full confidence that Tim is the man to be our next Director-General," added Levinson. "Tim 13 years of service, Apple highlighted outstanding results, and he showed remarkable talent and sound solutions in everything he does.
Jobs, submitted his resignation to the Board today and urged the Commission to carry out its plan for the continuity and the name of Tim Cook as Director.
COO Cook, formerly in charge of all the company's worldwide sales and operations, including the Office until the end of Apple's supply chain, sales and service and support in all markets and countries. He also headed the Department of the Apple Macintosh, and plays a key role in the further development of a strategic facilitator and relations with suppliers, providing flexibility in response to an increasingly demanding market.
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