Well, no, not when the price of your publicly-traded stock hinges on whether or not you're at the helm.
I think saving the investors from themselves should be just as big a concern. He is predicted with survival past 10 years, which IIRC the average age of death with someone having that prognosis is in fact only a few years shorter than the average age of death. If Jobs getting cancer means he kicks it at 78 instead of 82, I don't see why it should be disclosed immediately or at all.