Apple recently lost a couple of their top executives when Ron Johnson, Apple Senior VP of Retail, left to become CEO of J.C. Penny, and John Theriault, Apple Vice President of Global Security, retired, though rumor has it that the real reason for his departure was related to the mishandled investigation of the recent lost iPhone prototype.
But as the saying goes, for every door that closes another one opens, they’re getting new people to fill up some of the voids in Apple’s executive offices. When Steve Jobs passed last October 5th, he left the position of chairman of the board vacant, but the position has now been filled.
Arthur Levinson is now Apple board’s non-executive chairman. Levinson tapped CEO and president of Walt Disney Co., Robert Iger, to become director. Levinson showed his loyalty to Apple when he was made to choose between keeping his seat at Apple’s board or at Google, and he obviously chose Apple.
“Apple is always focused on out-innovating itself … and that is something I am very proud to be a part of,” Levinson said.
Since 2005, he and Avon Products Inc. CEO Andrea Jung had been Apple co-directors.
“Art has made enormous contributions to Apple since he joined the board in 2000,” says 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.”
As for Iger, he was the one responsible for patching things up between Jobs and Disney. Iger spearheaded Disney’s move to acquire Pixar, computer animated movie studio that brought us the Toy Story franchise, for $7.4 billion. Pixar was owned by Jobs and the acquisition made him Disney’s largest shareholder.
“I am extremely pleased to join the board of such a wonderful company,” Iger said in a statement. “Over the years, I have come to know and admire the management team, now ably led by Tim Cook, and I am confident they have the leadership and vision to ensure Apple’s continued momentum and success.”