Steve Jobs To Take 'Medical Leave Of Absence', Stays On As CEO

Next Story

eBackers Emerges As (Yet Another) Online Board For Web Workers

Apple CEO Steve Jobs has just announced that he is taking a medical leave of absence according to a release issued by the company today. Here’s the email memo Jobs sent to Apple employees today.

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

While it’s unclear what the reason is for the medical leave, Jobs’ previous medical history includes Pancreatic cancer as well as a liver transplant. In 2004, Jobs contracted Pancreatic Cancer, which he beat. Then Jobs underwent a liver transplant in 2009, and also made a full recovery. During Jobs’ absence in 2009, COO Tim Cook took over Apple’s day-to-day activities, similar to this situation.

We may hear more about Jobs health condition tomorrow, when Apple releases Q4 and 2010 earnings.

Clearly Jobs is a survivor; and has fought hard against his medical battles. Hopefully he will conquer this challenge as well.

Get well soon Steve!

MoreA Few Thoughts On Apple’s 2011, Stock, Tim Cook, And The Future

blog comments powered by Disqus