Apple names Arthur Levinson Chairman of the Board; Disney CEO Robert Iger joins the party

Wed, Nov 16, 2011


Apple yesterday announced that longtime board member Arthur D. Levinson will now become the companies Chairman of the Board, a position previously held by the late Steve Jobs. Levnsion, who formerly served as the CEO of Genentech, has been an Apple board member since 2000.

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

In other corporate shuffling news, Apple announced that Disney CEO Robert A. Iger will join Apple’s board where he will serve on the audit committee.

“Bob and I have gotten to know one another very well over the past few years and on behalf of the entire board, we think he is going to make an extraordinary addition to our already very strong board,” Tim Cook said. “His strategic vision for Disney is based on three fundamentals: generating the best creative content possible, fostering innovation and utilizing the latest technology, and expanding into new markets around the world which makes him a great fit for Apple.”

via Apple


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