Steve Jobs has been a board member of Disney since 2006 when they bought Pixar, the digital animation studio he had run after originally leaving Apple. According the the FT, his re-election bid may be fraught with people like Charles Elson, professor of corporate governance at the University of Delaware who state:
“A directorship is not an honorary position, If he’s said he can’t run Apple, how on earth can he [stand for the Disney board again]? Non-executive directors of large public companies need to be able to devote at least 250 hours a year to the position.”
Bob Iger, CEO of Disney, has cited Mr Jobs knowledge and experience as he positions Disney to capitalize on new media platforms.
Shortly before it bought Pixar, Disney signed a landmark deal with Apple to make its ABC TV programming, such as Lost and Desperate Housewives, available on Apple’s iTunes store.
Disney has been at the forefront of Hollywood’s embrace of new technology ever since, launching the first video player for a US TV network and making its library content available on iTunes.
Casting Jobs aside might not be the best move for the entertainment conglomerate.
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