Nov 12th, 2009 - kansascity
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The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings Thursday and announced an executive job switch that might point to an eventual successor to Chief Executive Robert Iger.
Iger, 58, said he was behind the decision to turn Chief Financial Officer Tom Staggs into the parks and resorts chairman, while making parks chairman Jay Rasulo the new CFO.
Staggs, 49, is well respected among Wall Street analysts and had been in his job for 11 years. Rasulo, 53, has pushed a theme park expansion into China and the construction of two new cruise ships, and has been in his current job since 2005.
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Nov 13th, 2009 - Boston
NEW YORK—Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor to CEO Robert Iger.
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(This article was originally published Thursday.) NEW YORK (Dow Jones)--Walt Disney Co. (DIS) said Thursday that strength in its cable networks drove fiscal fourth-quarter profits 18% higher...
Disney CEO Iger hints at successor as 4Q beats Wall Street forecasts and advertising improves
Nov 13th, 2009 - ChicagoTribune
LOS ANGELES (AP) - The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings Thursday and announced an executive job switch that might point to an eventual successor to Chief Executive Robert Iger. Iger...
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Walt Disney Co.'s (DIS) fiscal fourth-quarter profit grew 18% amid a merger-related gain while the company's network business reported strength thanks to cable channels ESPN and ABC Family.
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