The day after the passing of Steve Jobs, Walt Disney Company CEO Bob Iger has both the U.S. and Disney flags fly half staff (mast) for a week in observance of the passing of the Apple Founder and Disney board member. Steven Paul Jobs, a computer entrepreneur and inventor and member of the Walt Disney Co. Board of Directors, passed away on October 5, 2011 at age 56 in California. Co-founder, chairman, and chief executive officer of Apple Inc., in 1986, Jobs bought the computer graphics division of Lucasfilm Ltd. (for $10 million) which spun off as Pixar Animation Studios. Jobs joined Disney’s board in 2006, after Disney bought Pixar for $7.4 billion in stock, which also made Jobs the largest individual shareholder of Disney stock.
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