“The day of the announcement, Jobs was in Apple’s Cupertino, California office for the entire work day, and he attended a regularly scheduled board meeting, according to a person close to Jobs, who was not authorized to speak about the executive’s health,” Satariano reports. “While Jobs has been housebound for the last few weeks and his condition is weak, the resignation was not indicative of a sudden worsening, this person said. Jobs told the board he intends to be an active chairman, and he held an emotional meeting with his executive team afterward, according to another person familiar with the matter.”
Satariano reports, “Jobs was ousted by the board in 1985 amid differences over strategy. In his time away, Jobs ran movie animation studio Pixar, which he later sold to Walt Disney Co., as well as NeXT Software Inc., a company Apple acquired to return him to the company. Jobs is Disney’s largest shareholder, with a 7.4 percent stake. He will remain on the entertainment company’s board, a person with knowledge of the matter said.”
Much more in the full article here.
[Thanks to MacDailyNews Reader "Edward Weber" for the heads up.]