“The Walt Disney Company considers itself fortunate to have Steve Jobs as a member of its board of directors,” the company said in a statement after the meeting, which was held today in Salt Lake City, Utah.
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NPR noted that Mr. Jobs’s influence at Disney has ranged from the company having many iPhone and iPad apps to a redesign of Disney’s fleet of retail stores. Disney’s management, which supported his reelection, and shareholders apparently valued that influence and advice more than his sub-par attendance record while he’s been battling health problems.
Shares of Disney rose Wednesday, ending the day at US$42.24, up $0.80 (+1.93%), with moderate volume of 11.7 million shares trading hands.
Steve Jobs and Disney CEO Bog Iger after an Apple media event
Source: The Mac Observer
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