Twitter co-founder and Square CEO Jack Dorsey now has an even busier schedule: today Disney announced that he's been elected to the company's board of directors. Dorsey's presence on the board is effective immediately and he joins as an independent director. "Jack Dorsey is a talented entrepreneur who has helped create groundbreaking new businesses in the social media and commerce spaces," said Bob Iger, Disney's chief executive.  "The perspective he brings to Disney and its Board is extremely valuable, given our strategic priorities, which include utilizing the latest technologies and platforms to reach more people and to enhance the relationship we have with our customers."

"I am honored and humbled to join the Disney Board," Dorsey said. "Disney is a timeless company, one we all grow up learning from and admiring." Other influential technology figures including Facebook's Sheryl Sandberg and BlackBerry CEO John Chen currently sit on Disney's board. Prior to his death in 2011, Apple co-founder Steve Jobs spent several years on the board (and as Disney's largest shareholder) after Disney acquired Pixar in 2006. There are obvious parallels between the legendary Jobs and now Dorsey, who has helped build two hugely successful platforms in Twitter and Square. As you might expect, @jack had a tweet ready to mark the occasion.