Shareholders return Disney board, Jobs too
3/24/2011BURBANK, Calif. — Shareholders of the Walt Disney Co. re-elected its entire board, including Apple Inc. CEO Steve Jobs, despite concerns over his health and his poor attendance at company board meetings.
Proxy advisory firm Glass Lewis & Co. had recommended voting against Mr. Jobs' re-election because he failed to attend 75 percent of the board meetings in fiscal 2010. Mr. Jobs became Disney's largest shareholder after it bought Pixar Animation Studios in 2006 for $7.4 billion in stock.