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Colin Jeffery

Colin Jeffery

Jack Dorsey picked to serve on Disney's board

Monday, 23 December 2013 16:55 Published in Local News
NEW YORK (AP) - Disney is adding Twitter Chairman and Square CEO Jack Dorsey to its board of directors.
 
Walt Disney Co. says Dorsey is joining the board effective immediately. He will stand for election to a full term at the company's annual meeting on March 18.
 
Dorsey, 37, co-founded Twitter Inc. and sent the first Tweet in March 2006. He has been chairman of the company since 2008 and was also Twitter's first CEO. He founded mobile payment processor Square Inc. in 2009 and is CEO of that company.
 
Dorsey will replace Judith Estrin on Disney's board. Estrin has been on the board for 15 years and can't run for a new term under the Burbank, Calif., company's corporate rules. She is a former executive for Cisco Systems and now runs JLABS LLC.
 
JEFFERSON CITY, Mo. (AP) - A Missouri panel's delay in approving millions of dollars in low-income housing tax credits has prompted bipartisan criticism.
 
The Missouri Housing Development Commission decided earlier this month to delay about $14 million annually in credits for developers to build apartments for low-income residents. The decision came shortly after Missouri lawmakers approved legislation authorizing up to $1.7 billion in tax incentives over two decades for Boeing Co. to build a plant in the St. Louis area.
 
The tax credits were linked informally to the Boeing incentives as part of negotiations between Democratic Gov. Jay Nixon and several Republican senators.
 
Republican Lt. Gov. Peter Kinder and Democratic Sen. Jamilah Nasheed said Monday there is no reason for the incentives to be linked.
 
A Nixon spokesman declined to comment.
 
OLIVETTE, Mo. (AP) - Funeral services will be on Christmas Eve for a St. Louis-area native killed in a helicopter crash in Afghanistan.
 
Services for 35-year-old Joseph Silverman are at 11:30 a.m. Tuesday at Berger Memorial Chapel in Olivette. Burial will be at Chesed Shel Emeth Cemetery in Chesterfield.
 
Silverman was a chief warrant officer for the Army and a graduate of Parkway Central High School. His family once lived in Chesterfield.
 
Silverman and five other soldiers died Dec. 17 when a Black Hawk UH-60 helicopter went down during a mission in Zabul province.
 
Silverman was living in Scottsdale, Ariz., at the time of his death. He was among five of the soldiers who were based out of Fort Riley, Kan.
 

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