Neither company has given any reason for the departure — the explanatory text of the SEC filing is literally just “On September 10, 2019, Bob Iger resigned from the Board of Directors of Apple Inc.” — but with Disney and Apple both prepping to launch their own video streaming services in November, it may be that there’s starting to be too much overlap. Given that the services are called “Disney+” and “Apple TV+” respectively, it’s easy to see where things might start to get too muddled.
Iger originally joined Apple’s board in November of 2011.
Apple’s Board of Directors now has seven members: Chairman Arthur D. Levinson (CEO of Alphabet’s biotech R&D company Calico), James A. Bell (the former CFO of Boeing), Al Gore, Andrea Jung (CEO of Grameen America), Ronald Sugar (Former CEO Northtrop Grumman), Susan L. Wagner (Co-Founder of BlackRock), and Apple CEO Tim Cook.
We’ve reached out to the companies for comment, and will update if we hear back.