Tim Cook, a gay man, is the new CEO of Apple after Steve Jobs resigned Aug. 24, according to Advocate.com .
The company said the switch was made during a meeting of the board of directors; Jobs specifically asked for Cook to replace him.
"The board has complete confidence that Tim is the right person to be our next CEO," said Art Levinson, chairman of Genentech, on behalf of Apple's Board in a statement. "Tim's 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does."
Windy City Times reported earlier this year that Cook was a de facto CEO earlier this year after Jobs went on medical leave. It was also noted that Cook has sold or amassed approximately $136 million in corporate shares. On a personal level, he is seen as a quiet workaholic who gets up at 4:30 a.m. and eats energy bars constantly.
According to Apple's website, Cook earned an M.B.A. from Duke University, where he was a Fuqua Scholar, and a bachelor of science degree in industrial engineering from Auburn University.