Arthur Levinson named Chairman of Apple’s Board of Directors, Disney’s Bob Iger joins the Board

Apple announced that Arthur D. Levinson, former CEO of Genentech, has been named as Chairman of the Board and will continue serving on the audit comitee. Apple has also announed that Bob Iger (President and Chief Executive Officer of The Walt Disney Company ) has joined the Board.

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

“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,” said Tim Cook. “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.”

“I am honored to be named chairman of Apple’s board and welcome Bob to our team,” said Art Levinson. “Apple is always focused on out-innovating itself through the delivery of truly innovative products that simplify and improve our lives, and that is something I am very proud to be a part of.”


Posted by Antony at November 15, 2011 4:53 PM

>> more MacCentre701 November 2011 reports.