Apple Names New Chairman of the Board

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DAILYHOSTNEWS, November 17, 2011 – Big news for tech giant Apple: The company’s board of directors has a new chairman. On Tuesday, Apple announced that current board member Arthur D. Levinson would fill the role in a non-executive capacity.

Levinson has been a member of the board for more than ten years now and is known for his previous work with Genentech, a biotechnology company.

When Apple founder Steve Jobs announced his resignation as CEO in August, he moved to the position of Chairman. However, his passing last month left the position vacant.

Concerning the chairman’s appointment, Apple CEO Tim Cook pointed to Levinson’s “enormous contributions” in the past.

Aside from having a new chairman, the company also added a new board member: Disney CEO Bob Iger.

Apple’s connection to Disney goes back pretty far. Steve Jobs served as the CEO of Pixar when Disney agreed to buy the digital animation studio back in 2006. A job was also a significant Disney shareholder.

As a company, Apple has kept busy marketing the latest release of its smartphone: The iPhone 4S.

Meanwhile, various reports have indicated that the company could be planning new versions of popular devices including the company’s iMac and MacBook Air computers, possibly set for some time next year.

About Apple
Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007.
Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod (offered with up to 120 GB of storage with the iPod classic or with web browsing and touch screen controls with the iPod touch), and the iPhone (now available for sale in over 80 countries).

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