Until now the co-director of the board at Apple Inc, Arthur Levinson will take over the chairmanship in the wake of the death of the former CEO, Steve Jobs.

Apple also chose Bob Iger, CEO of Disney and former close friend of Jobs to a seat on the board.

“Art has made enormous contributions to Apple since he joined the board in 2000,” said Tim Cook, Apple’s CEO, in a prepared statement. “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.”

Levinson has been a member of the board at Apple since 2005, making him the longest-serving director. He is also the chairman of the board at Genentech, the biotech drum company, and a board member at Roche Pharmaceuticals. Until 2009 when Levinson stepped down, he was the CEO at Genentech for 14 years.

“Apple is always focused on out-innovating itself through the delivery of truly innovative products that simplify and improve our lives, and that is something I am very proud to be a part of,” Levinson said Tuesday in a statement.