Arthur Levinson Appointed as Apple’s Non-exec Chairman

Board member of Apple, Arthur Levinson, has been appointed to fill the vacancy left open due to sudden demise of Apple co-founder Steve Jobs last month. Arthur Levinson is the new Apple non-executive chairman.

Former chairman of a Genentech Inc., Arthur Levinson joined the pharmaceutical company in 1980 as a research scientist and rose to be this company's chief executive officer from 1995 to 2009.

Levinson, who joined Apple Inc's board in 2000, has been serving as the co-lead director from 2005. This recent appointment was announced on Tuesday by Apple.

Apple's chief executive, Tim Cook, commented that Levinson has provided "enormous contributions" to this company since he joined the board and added that "his insight and leadership are incredibly valuable", reported USA Today.

In another related development, President and CEO of the Walt Disney Co., Robert Iger, has joined the Apple board. Post his appointment in 2005 at the Walt Disney Co. Iger considerably mended the tensed relationship between Steve Jobs and Disney.

About Iger, Cook commented that, he was "a great fit for Apple" as the principles upon which Iger led Disney are similar to the principles that Apple follows, for example use of new technology, adding creative content and also expansion in new markets globally.