Disney's (DIS) Board Created a Succession Crisis - Needham & Company

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Go back to Disney's (DIS) Board Created a Succession Crisis - Needham & Company

Statement from The Walt Disney Company

April 4, 2016 4:49 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- Thomas O. Staggs will leave his current position as Chief Operating Officer of The Walt Disney Company, effective May 6, 2016. He will remain employed by the Company in the role of special advisor to the Chief Executive Officer, Robert A. Iger, through this fiscal year.

Tom has been a great friend and trusted colleague for more than 20 years, said Mr. Iger. Hes made important contributions to this company, earning wide respect across the organization for his... More