Steve Jobs to stay on Disney board: source

Updated: 2011-08-25 10:00


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Steve Jobs to stay on Disney board: source

Apple Chief Executive Steve Jobs smiles after Apple's music-themed September media event in San Francisco, California in this September 1, 2010 file photograph. Jobs resigned as CEO of Apple, the company announced August 24, 2011. [Photo/Agencies]

NEW YORK - Steve Jobs, who resigned as chief executive officer of Apple Inc on Wednesday, plans to keep his seat on the board of directors of Walt Disney Co, a source close to Disney said on Wednesday.

Jobs joined Disney's board when the media company acquired Pixar, the animation studio he ran, for $7.4 billion. The deal was announced in January 2006.


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