Steve Jobs today informed Apple employees that he has been granted a medical leave of absence from the board of directors.
Team,
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 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
Apple CEO Steve Jobs who suffered pancreatic cancer took a leave of absence in 2009 but returned to the company in seemingly good health.