Apple’s CEO, Steve Jobs has announced that he is taking a medical leave of absence, according to a press release by Apple.
Here’s an email that he sent to all Apple employees today:
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 Jobs, who has been named the best performing CEO by the Harvard Business Review and the CEO of the Decade by Fortune magazine, has battled with pancreatic cancer in the past and has also had a liver transplant last year. He made a complete recovery.
The day to day operations of Apple will be handled by the Apple COO, Tim Cook, but Steve Jobs will still be involved in the strategic decisions of the company while he recuperates. Cook is probably the best man in Apple to handle the reins while Jobs is gone. When Jobs was having a liver transplant in 2009, Cook was made CEO for a few months, and he did quite a good job.
Apple is about to launch the iPad 2 as well as the iPhone 5 in Q2 2011. I only hope that we get to see Steve Jobs work his magic on stage at the launch.