Sunday, May 2, 2010

Steve Jobs

Apple co-founder Steve Jobs is demoted by Apple's board of directors and resigns in May 1985. This event climaxes an internal power struggle between Jobs and CEO John Sculley. Ironically, Sculley joined the company in 1983 at Jobs' urging. Sculley remains the CEO until 1993. In 1997, Steve Jobs is back as Apple CEO, after the board of directors lose confidence in CEO Gil Amelio.
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