Disney CEO Joins Apple’s Board of Directors

The technology giant Apple has nominated former Genentech CEO Arthur Levinson as its new non-executive chairman. Apple has made another major appointment where it appointed Disney CEO Bob Iger a membership in its Board of Directors.

It was back in 2000, when Levinson joined Apple’s Board of Directors team, while still serving as CEO at Genentech. Since 2005, he has been serving as a co-lead director of the board.

Apple’s CEO Tim Cook said in a statement, “Art has made enormous contributions to Apple since he joined the board in 2000. He has been our longest serving co-lead director, and his insight and leadership are incredibly valuable to Apple, our employees and our shareholders.”

Since the acquisition of Pixar by Disney, both Apple and Disney have been in a strong friendly relationship, where Late Steve Jobs was the company’s largest stockholder. Steve Jobs remained a member of Disney’s Board of Directors until his death.

Currently, Apple’s Board of Directors comprise of Tim Cook, Bob Iger, Arthur Levinson, Intuit Chairman William Cambell, J. Crew CEO Millard Drexier, Avon CEO Andrea Jung, former Northrop Grumman CEO Ronald D. Sugar and former VP of the US Al Gore.

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