Bob Chapek, an almost three-decade Disney veteran who was ousted in 2022 because the media firm’s CEO, has been appointed to the board of administrators of medical tech agency Masimo.
The transfer comes throughout a dramatic sequence of occasions involving Masimo and Apple. The tech large has been in a patent dispute with the agency over a blood oxygen instrument featured within the firm’s newest line of good watches. After the Worldwide Commerce Fee dominated that the characteristic infringed on Masimo’s patent, Apple pulled the present version of the watches off the market. A number of media retailers reported Monday that the characteristic is being taken off of the watches in subsequent editions.
Chapek took over as CEO of Disney in February 2020, taking the baton from Bob Iger simply because the world started to be upended by Covid. Whereas he managed to steer the corporate via brutal challenges within the preliminary phases of the pandemic, he encountered friction in 2021 and 2022. Iger wound up changing Chapek in November 2022.
For the reason that turmoil surrounding his exit from Disney, Chapek has stored a reasonably low profile.
“I’m thrilled to affix the Masimo board,” the exec mentioned in a press launch. “I look ahead to serving to advance the corporate’s development by leveraging their core applied sciences within the client and client well being areas.”
Joe Kiani, Chairman and CEO of Masimo, mentioned, “We’re honored to have Bob be a part of the board. As we execute our hospital to house technique, we count on to profit drastically from Bob’s position on our board.”