Apple adds Iger to board, makes Levinson non-exec chairman

Summary:Iger's addition is notable since Disney and Apple have been tight partners in recent years.

Apple reshuffled its board on Tuesday by adding Disney CEO Robert Iger as a director. Arthur Levinson will become the non-executive chairman of the board.

Iger's addition is notable since Disney and Apple have been tight partners in recent years. Via the acquisition of Pixar, former CEO Steve Jobs was the largest shareholder of Disney. Iger takes the board seat left vacant by Jobs' passing.

In a statement, Apple CEO Tim Cook said Iger will "make an extraordinary addition." Cook added:

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.

Levinson, chairman of Genentech, has been a board member since 2000. Levinson is Apple's longest serving lead director.

In the past, Apple has taken some heat for the composition of its board of directors and the power held by Jobs. The recent moves should make the board more palatable to corporate governance watchdogs.

Related:

Steve Jobs: Our digital version of Walt Disney

Topics: Enterprise Software, Apple, CXO, Legal

About

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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