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Disney CEO Iger Steps Down From Apple Board

Walt Disney Company CEO Bob Iger has stepped away from his seat on the Apple board of directors.

Disney CEO Bob Iger

Disney CEO Bob Iger

The move was disclosed in an Apple SEC filing Friday and reported on by Variety.

According to the filing, Iger’s move came earlier this week as Apple announced the $4.99 price point and Nov. 1 launch date for its new streaming service, Apple TV+.

Apple’s original program play will compete head-on in the marketplace with Disney’s upcoming Disney+ streaming launch.

Iger joined Apple’s board in 2011, shortly after Disney purchased Pixar from former Apple CEO Steve Jobs.