As many people expected over the course of Steve Job's fight with cancer, he has finally thrown in the towel and decided to resign as CEO of Apple. He has requested to resign his position of Chairman and director as well. Finally, he recommends appointing Tim Cook as new CEO to replace him. Tim Cook is the Apple COO and current interm CEO of Apple Computer.
For those who don't know, Steve Jobs has been back and forth between leadership roles and absent from the company due to his fight against pancreatic cancer since 2004. In 2009, he underwent a liver transplant and appeared to be much better but in early 2011 he was granted a medical leave of absence and has been effectively gone from Apple.