According to the sources the CEO of Disney, Bob Iger has resigned from the post of the board of directors of Apple. There has not been any explanation about the action taken, neither by Apple nor by Disney and the only explanatory text provided is “On September 10, 2019, Bob Iger resigned from the Board of Directors of Apple Inc.”
Both Disney and Apple are set to launch their streaming services named as “Disney+” and “Apple TV+” respectively and by this, we can already guess where things are going to get little complicated. It would be a little tough for Disney to manage the competition from Apple.
Apart from that, both companies as individuals are working great without any major problem. Apple has recently launched its new iPhone series. We all know that Apple is one of the world’s best brands and Iger accept this fact, he stated, “Apple is one of the world’s most admired companies, known for the quality and integrity of its products and its people, and I am forever grateful to have served as a member of the company’s board.”
Bob Iger joined Apple’s board of directors in November of 2011 and after his resignation Apple is left with seven members Chairman Arthur D. Levinson (CEO of Alphabet’s biotech R&D company Calico), James A. Bell (the former CFO of Boeing), Al Gore, Andrea Jung (CEO of Grameen America), Ronald Sugar (Former CEO Northrop Grumman), Susan L. Wagner (Co-Founder of BlackRock), and Apple CEO Tim Cook.
Moreover, when it comes to both the companies, they are being continuously contacted by media in order to get the reason why Iger resigned from the post.