Steve Jobs taking medical leave of absence from Apple

Apple CEO Steve Jobs announced on Monday that the company's Board of Directors has granted him a medical leave of absence, though he will continue to hold the role of CEO. Chief Operating Officer Tim Cook will run day-to-day operation, as he did during Jobs’s last extended absence.

Jobs famously suffered from pancreatic cancer in recent years; in 2009 he took a six month leave of absence as he battled health issues and underwent a liver transplant. At that time, he wrote a public note to Apple employees calling press coverage of his health “a distraction.”

The full text of Jobs’s letter to employees is reproduced below:

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 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.

Steve

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