January 17, 2011
Jobs Taking Another Medical Leave Of Absence
Apple CEO Steve Jobs announced on Monday that he will be taking another medical leave of absence, two years after a six-month sabbatical during which he received a liver transplant.
Tim Cook, Apple's chief operating officer, will take over the company's day-to-day operations, just as he did during Jobs' last 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," Jobs told Apple employees in an internal memo. "I will continue as CEO and be involved in major strategic decisions for the company. 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 gave no timetable for his return, but said that Cook would execute the "plans the company has in place for 2011."
Jobs' health has been a hot topic for several years. In 2004 he was diagnosed with a treatable form of pancreatic cancer. He started to appear much thinner during his keynote address a few years ago.
Jobs did not deliver his annual keynote address at the Macworld conference in December 2008, and he announced he would take a six-month leave of absence from January 2009 through June of that year. He later revealed that he had received a liver transplant during his absence.
Regardless, Cook proved to be a worthy replacement during Jobs' 2009 leave of absence, according to analyst.
During that time he received credit for solving problems that Apple was having with inventory management. The company also kept cracking out well-received products like updated laptops with lower entry-level prices and a faster iPhone with many new features.
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