Following Steve Jobs' resignation, Tim Cook to take over as company CEO

Following Apple CEO Steve Jobs' resignation yesterday, chief operating officer Tim Cook is set to take over the position as per Jobs' recommendation.

Cook was named COO in 2005 and has been responsible for Apple's product sales and operations, overseeing the company's manufacturing, distribution and inventories.

Although Cook has nearly 30 years of experience in the computer industry, design and marketing, for which Jobs was famous,  is not his specialty.

Today on American Morning, Leigh Gallagher, assistant managing editor for Fortune Magazine, discusses Tim Cook's background and explains whether or not the public should expect to see a change in the Apple company due to Jobs' resignation.