Daily Archives: August 24, 2011

Steve Jobs Resigns As CEO of Apple

Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.

“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”

“The Board has complete confidence that Tim is the right person to be our next CEO,” added Levinson. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”

Jobs submitted his resignation to the Board today and strongly recommended that the Board implement its succession plan and name Tim Cook as CEO.

As COO, Cook was previously responsible for all of the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. He also headed Apple’s Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.

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Pixar Toy Story 3D Trilogy Available for Pre-order

Disney/Pixar’s upcoming November 1st 3D versions of the Toy Story movies are now available for pre-order on Amazon.com as the Toy Story 3D Trilogy in an 3-disc 3D BD box set for $69.99. Toy Story 3D, Toy Story 2 3D and Toy Story 3 3D are also available for pre-order separately in their 3D versions in a 4-disc configuration for $34.99 each, which includes a 3D BD, 2D BD, DVD and Digital Copy.

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