Bob Iger, chief executive officer of The Walt Disney Company, walks with Tim Cook, chief executive officer of Apple Inc. last July.
Apple and Disney stock was unchanged on the news.
Disney is launching streaming video service Disney+ this on November 12, which will compete with Apple’s Apple TV+ service, which will become available on November 1.
He resigned on September 10, the day that Apple announced the price and release date for its streaming service.
The two streaming services will increasingly come into conflict in the future as both compete for original content. Disney has announced that it will distribute its streaming service on Apple’s platforms.
Iger joined Apple’s board in 2011. Iger was the chair of Apple’s corporate governance committee and on APple’s compensation board, according to the company’s proxy filing earlier this year.
“Apple enters into arms-length commercial dealings with The Walt Disney Company, including sales arrangements, digital services content licensing agreements, and similar arrangements,” Apple said in its proxy filing earlier this year. “Apple does not believe that Mr. Iger has a material direct or indirect interest in any of such commercial dealings.”
This isn’t the first time that a director has left Apple’s board. In 2009, then-Google CEO Eric Schmidt resigned from Apple’s board when it became clear that Google’s Android would directly compete with Apple’s iPhone.
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