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Bob Iger to Purchase Stake in Australian Design Company Canva

Bob Iger, the former CEO of Walt Disney Co. Has acquired a stake in Australian design company Canva.

“We’re incredibly excited to welcome Bob Iger as an investor and advisor,” said Canva spokesman Lachlan Andrews,

“Bob brings a wealth of experience after 15 years at the helm of one of the most loved and most creative brands globally, and we’re looking forward to working with him,” he added.

More than 75 million customers use the Canva software and the funds are also now valued at $40 billion. Since stepping down in December, Bob has started investing his funds in companies like GoPuff – delivery startup, and toy maker Funko.

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