UPDATE 1-Disney CFO, Parks chief to swap roles

* Parks Chairman Rasulo to become CFO

* CFO Staggs to take over Parks

* Swap 'good' for executives, good for company

LOS ANGELES, Nov 12 (Reuters) - Two of Walt Disney Co's(DIS.N) top executives, Chief Financial Officer Tom Staggs andparks chairman Jay Rasulo, will swap jobs at the end of 2009 togive each new challenges, Disney Chief Executive Bob Iger saidon Thursday.

Staggs has served as Disney CFO for more than a decade,presiding over acquisitions of Capital Cities/ABC and Pixar andthe pending purchase of Marvel Entertainment Inc (MVL.N).

Read the whole story on Reuters or try our Toolbar
Bookmark and Share
blog comments powered by Disqus

Related stories:

  • US Stocks End Higher With Disney, JC Penney Gaining

    Nov 13th, 2009 - Wall Street Journal

    (Adds more stock quotes and company news beginning in ninth paragraph.) NEW YORK (Dow Jones)--Stocks climbed amid some better-than-expected earnings reports, with Walt Disney propelling the Dow Jones Industrial Average higher and retailer J.C...

  • Disney shares jump after strong 4Q results

    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.

  • US STOCKS-Retailers, Disney lift Wall Street

    Nov 13th, 2009 - Reuters

    * Retailers up on Abercrombie earnings, JC Penney * Disney profit and revenue top expectations, shares rise * Indexes up: Dow 0.8 pct, S&P 500 0.7, Nasdaq 0.9 * For up-to-the-minute market news...

  • Disney's CFO and parks chief switch roles

    Nov 12th, 2009 - AOL Money & Finance

    LOS ANGELES -After recasting executives at its faltering movie studio, The Walt Disney Co. is now switching up the roles of a couple of its high achievers. CEO Robert Iger said Thursday that Chief Financial Officer Tom Staggs...

  • Disney 4Q seen down on studio weakness

    Nov 9th, 2009 - Boston

    LOS ANGELES—The Walt Disney Co. is scheduled to report its fiscal fourth-quarter earnings for the three months through September on Thursday. The following is a summary of key developments and analyst opinion related to the period.

More stories ...

Related videos from YouTube:

More videos ...

Google Search: