Apple chief Steve Jobs to go on medical leave

Last Updated: Tuesday, January 18, 2011 - 00:34

New York: Apple`s iconic chief Steve Jobs, a
survivor of pancreatic cancer, on Monday said he would be going on
medical leave of absence.

"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," Jobs said in an e-mail to Apple employees.

This is the second time in as many years that Jobs, the
architect behind Apple`s success, is going on leave on health
grounds.

56-year-old Jobs, the brain behind blockbuster products
such as iPods, iPhones and iPads, was on medical leave in
early 2009. Suffering from pancreatic cancer, he had a liver
transplant during the period.

"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," Jobs said.

In his absence, Apple Chief Operating Officer Tim Cooks
will be responsible for the company`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," Jobs said.

One of the co-founders of Apple, Jobs was pushed out of
the company in 1985. He made a comeback in 1997 and under his
leadership, Apple has since become one of the most well-known
brands as well as the most-valued technology company in the
world, in terms of market capitalisation.

In a recent regulatory filing, Apple had said it
maintains a comprehensive succession plan throughout the
organisation.

PTI



First Published: Tuesday, January 18, 2011 - 00:34

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