It’s Official: Pixar Is Part Of Disney Now

A deal that at times looked like it could never happen is finally complete as Pixar shareholders vote yea. Disney will issue 2.3 shares per share to each Pixar shareholder in the all-stock transaction valued at more than $7.4 billion. The executive rundown:
— Steve Jobs switches from Pixar chairman and CEO to the Disney board as a non-independent member.
— Dr. Ed Catmull moves from president, Pixar, to president of the new Pixar and Disney animation studios, reporting to Disney CEO Bob iger and Dick Cook, chairman of The Walt Disney Studios.
— John Lasseter, EVP-Pixar, becomes Chief Creative Officer of the animation studios, and principal creative advisor at Walt Disney Imagineering, where he will take part in theme park design. He reports directly to Iger. Press release
For our full coverage of the deal, read our dedicated “Disney” section.

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