Twitter Co-founder Mr.Jack Dorsey has been elected to the Walt Disney board.Mr Dorsey, who is also founder and CEO of Square, a mobile payments company.
“I am honored and humbled to join the Disney Board,” Mr. Dorsey said. “Disney is a timeless company, one we all grow up learning from and admiring.”
“Jack Dorsey is a talented entrepreneur who has helped create groundbreaking new businesses in the social media and commerce spaces,” said Robert A. Iger, Disney’s chairman and chief executive officer.
“The perspective he brings to Disney and its Board is extremely valuable, given our strategic priorities, which include utilizing the latest technologies and platforms to reach more people and to enhance the relationship we have with our customers,” Iger said.
Dorsey will replace Judith Estrin on Disney’s board.Judith L. Estrin will not be standing for re-election.
Dorsey will stand for election along with the company’s other directors at the annual meeting on March 18, 2014.
In 2008, Dorsey was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35.For 2012, The Wall Street Journal gave him the “Innovator of the Year Award” for technology.
