It looks like Steve Jobs is going to take another leave of absence to focus on his health. He will continue to be the CEO but will lean on Tim Cook to run the show while he is away. No details of what this actually means or if it is related to his 2009 liver transplant. I am guessing Apple is going to announce good earnings tomorrow or this would have waited. In a memo sent this morning Steve relayed the following message –
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.