Steve Jobs to Stay on Disney’s Board Despite Stepping Down as Apple CEO

Despite handing in his resignation as Apple’s CEO yesterday, Steve Jobs will continue to serve on Disney’s board, according to reports.┬áCiting a person with knowledge of the matter, Bloomberg claims that Jobs’ time at Disney will remain unaffected by yesterday’s events.

Steve Jobs is currently Disney’s largest shareholder, with a 7.4% stake…

Apple’s former Chief Executive Officer and co-founder joined the board at Disney when the famous cartoon and movie company bought out Pixar, another of Jobs’ huge success stories. Pixar became a worldwide name with the release of titles such as Toy Story, Cars and Monsters Inc.

Jobs stepped down as Apple CEO yesterday, with concerns over his health believed to be the driving force behind the decision. The iconic Apple front-man has battled cancer since 2003, and has been on medical leave from the Cupertino company of late.

Apple COO Tim Cook will replace Jobs at the helm of one of the world’s richest companies, and Cook has been taking a more public role at Apple over the last 12 months, possibly in preparation.

All of us here at iDB wish Steve the all the best moving forward, and eagerly anticipate the Tim Cook era at everyone’s favorite smartphone, tablet and computer company.