Disney's (DIS) Board Created a Succession Crisis - Needham & Company
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Nomura Securities Remains Bullish on Disney (DIS) Following Announced Departure of COO
April 5, 2016 9:45 AM EDTNomura Securities reiterated a Buy rating and $110.00 price target on Walt Disney (NYSE: DIS) following the company's announcement that Tom Staggs, the company's Chief Operating Officer, will step down from his current position as COO, effective May 6, 2016. Nomura believes that Staggs' departure will mean very little towards Disney's near-term. While some may point to his departure as a headwind/distraction to the Shanghai park opening, we note that the completion of the Shanghai Disney Resort is nearly complete at this point. Nomura also believe Mr. Staggs'... More
Disney (DIS) Turnover a Negative But Not Meaningful Enough to Cut Estimates - Stifel
April 5, 2016 9:36 AM EDTStifel analyst, Benjamin Mogil, sees Thomas Staggs, Chief Operating Officer of Disney (NYSE: DIS) resigning as a negative but not large enough to alter growth rates. No changes to $110 PT or Buy rating.
For an analyst ratings summary and ratings history... More
Disney (DIS) COO Thomas O. Staggs to Step Down
April 4, 2016 4:50 PM EDTDisney (NYSE: DIS) said in a press release:
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... More
Disney (DIS) COO Staggs Said to be Stepping Down
April 4, 2016 4:36 PM EDT(Updated - April 4, 2016 4:39 PM EDT)
Disney (NYSE: DIS) COO Thomas Staggs said to be stepping down, according to Bloomberg, citing the... More
