Both executives will retain their membership of Disney’s senior management group. Disney directors supported the decision, which didn’t require board approval.
Disney Chief Executive Officer Robert Iger said he hoped the change will give the Staggs and Rasulo fresh challenges and an opportunity to expand their knowledge to better help the company. In their current positions, Rasulo expanded the parks, resorts and cruise lines while stags maintained the highest debt rating among the largest U.S. media companies.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
