Steve Jobs Is Re-Elected to Disney’s Board Despite Opposition

Steve Jobs Is Re-Elected to Disney’s Board Despite Opposition

Disney shareholders have re-elected Steve Jobs to the company’s board of directors, despite opposition from the AFL-CIO, the labor union federation.

As previously reported, the AFL-CIO opposed Jobs’s re-election because of his poor health and his job as CEO of Apple. The union argued that Jobs already had his hands full and advised shareholders not ro re-elect him.

Nonetheless, Jobs was re-elected on Wednesday at Disney’s annual shareholder meeting in Utah, according to Bloomberg.

With 7% of Disney’s stock, Jobs is the largest individual shareholder in the company. He has been a director at Disney since 2006, when Disney bought his other company, Pixar, for $7.4 billion.

Apps you might like

About the author

Leander KahneyLeander Kahney is the editor and publisher of Cult of Mac, and author of three books about technology culture: Inside Steve’s Brain, the New York Times bestseller about Steve Jobs; Cult of Mac; and Cult of iPod. Leander has written for Wired, MacWeek, Scientific American, and The Guardian in London. Follow Leander on Twitter @lkahney and Facebook.

(sorry, you need Javascript to see this e-mail address)| Read more posts by .

Posted in Mac, News | Tagged: , |


scribol