Bob Iger, Disney's CEO, explains why he left Apple's boardWhat you need to know
Disney CEO Bob Iger sat down with Jim Cramer on Mad Money
Iger talked about the two companies "conflicting paths" as the reason for resigning
He went on to praise Tim Cook's leadership of the company.
Apple TV+ led to the Walt Disney Company CEO's departure.
Bob Iger, Walt Disney's CEO, left Apple's board of directors on September 10th, the day that Tim Cook and team revealed the release date, price, and details of the companies new streaming service, Apple TV+. Today, Iger sat down with Jim Cramer on Mad Money to discuss his career, his new book, and talk about why he decided to resign.
As almost anyone suspected, Apple TV+ was the reason for the Disney CEO's departure:
The reason I got off the board as they got more and more into creating television shows and movies, it became more clear to me our paths were conflicting rather than converging. I just thought it was the right thing to do.
Iger had served on Apple's board of directors since 2011, but wi...
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Bob Iger, Disney's CEO, explains why he left Apple's board
