Disney elects Twitter's Jack Dorsey to boardDecember 23, 2013 @ 12:53 pm
NEW YORK (AP) - Disney is adding Twitter Chairman and Square CEO Jack Dorsey to its board of directors.
Walt Disney Co. says Dorsey is joining the board effective immediately. He will stand for election to a full term at the company's annual meeting on March 18.
Dorsey, 37, co-founded Twitter Inc. and sent the first Tweet in March 2006. He has been chairman of the company since 2008 and was also Twitter's first CEO. He founded mobile payment processor Square Inc. in 2009 and is CEO of that company.
Dorsey will replace Judith Estrin on Disney's board. Estrin has been on the board for 15 years and can't run for a new term under the Burbank, Calif., company's corporate rules. She is a former executive for Cisco Systems and now runs JLABS LLC.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Exception to the Rule
Socialist party defends paying $13 hour an hour while calling for much higher minimum wage
Beyond the Gates
As the U.S. military scales back, thousands turn to something that's more than a job fair
All You Can Eat
6 belt-loosening food challenges in Seattle you may not be man enough to complete
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.