Apple (AAPL) Taps Former Genentech (RHHBY) Chief as New Chairman
11/16/2011 8:31:04 AM
Apple Inc. has named Arthur Levinson as its non-executive chairman, a move that rewards the longtime Apple board member who chose it over Google Inc. when the technology giants began competing with each other. Levinson, 61, fills the vacancy left when co-founder Steve Jobs died last month at age 56 after a long battle with pancreatic cancer. Jobs had been chairman for less than two months, a position created when he stepped down as chief executive in August. Robert Iger, president and CEO of The Walt Disney Co., was tapped as a director. The appointments were announced Tuesday. Levinson is chairman of pharmaceuticals company Genentech Inc.