who served as chairman and ceo of pixar until it became part of disney in 2006
George Lucas
Pixar
On February 3, 1986, he paid $5 million of his own money to George Lucas for technology rights and invested $5 million cash as capital into the company, joining the board of directors as chairman.
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Pixar [SEP] Independent company
The newly independent Pixar (1986) was headed by Edwin Catmull as President and Alvy Ray Smith as Executive Vice President. While looking for investors, Steve Jobs showed interest, but initially, Lucas found his offer too low. Yet he eventually accepted after it turned out to be impossible to find other investors. At that point Smith and Catmull had been turned down 45 times; thirty-five venture capitalists and 10 large corporations had declined. Jobs, who had recently been fired from Apple, and was now founder and CEO of the new computer company NeXT. On February 3, 1986, he paid $5 million of his own money to George Lucas for technology rights and invested $5 million cash as capital into the company, joining the board of directors as chairman.