Apple has just announced some changes to its board of directors, including the appointment of a new non-executive chairman: Arthur D. Levinson. Currently Chairman of Genentech Inc., Levinson has been a co-director of Apple’s board since 2005, having first joined the board in 2000. He’ll be welcoming new board member Robert A. Iger, who you may know as the President and CEO of The Walt Disney Company. In a statement, Apple CEO Tim Cook said that Levinson “has made enormous contributions to Apple since he joined the board in 2000,” and that his “insight and leadership are incredibly valuable to Apple, our employees and our shareholders.”

On Iger, Cook said: “Bob and I have gotten to know one another very well over the past few years and on behalf of the entire board, we think he is going to make an extraordinary addition to our already very strong board,” further noting that “his strategic vision for Disney is based on three fundamentals: generating the best creative content possible, fostering innovation and utilizing the latest technology, and expanding into new markets around the world which makes him a great fit for Apple.”