Nov. 16 (Bloomberg) -- Apple Inc. beefed up its board by appointing Art Levinson as chairman, filling a vacancy left by the death of Steve Jobs, and adding Walt Disney Co. Chief Executive Officer Robert Iger as a director.
Levinson, on Apple’s board since 2000, becomes non- executive chairman, the Cupertino, California-based company said yesterday in a statement.
Adding Iger may cement ties to Disney, on whose board Jobs had a seat, and may ensure that Apple retains access to the entertainment company’s TV shows and movies, said Gene Munster, an analyst at Piper Jaffray Cos. Levinson’s appointment lets Tim Cook concentrate on being CEO without the added responsibility of being chairman, he said. Read More...
No comments:
Post a Comment