Big Law
Former Disney CEO Bob Iger Invests in Canva
Former Disney CEO Bob Iger has acquired a stake in Australian design company Canva and agreed to be an advisor to the closely held company.
“We’re incredibly excited to welcome Bob Iger as an investor and advisor,” said Canva spokesman Lachlan Andrews in a statement. “Bob brings a wealth of experience after 15 years at the helm of one of the most loved and most creative brands in the world and we’re looking forward to working with him.”
Iger and Canva declined to comment on the size of the investment. Canva raised money in September, valuing the company at $40 billion. The graphic design software company earned the No. 4 ranking on CNBC’s annual Disruptor 50 list, released earlier this month.
