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The LA Times is reporting that Jay Rasulo will become the Disney Company CFO and current CFO Tom Staggs will become head of Disney Parks and Resorts.
I'm not quite sure what to make of this right now, but in my business experience, a finance guy taking over operations is rarely a good thing for innovation. But I don't know enough about Tom Staggs to make that assessment at this time.
Would love to hear from those of you more familiar with him.
More at: Company Town | Disney's CFO Tom Staggs and Disney parks chief Jay Rasulo to flip jobs | Los Angeles Times
I'm not quite sure what to make of this right now, but in my business experience, a finance guy taking over operations is rarely a good thing for innovation. But I don't know enough about Tom Staggs to make that assessment at this time.
Would love to hear from those of you more familiar with him.
Los Angeles Times | Nov. 12, 2009
Disney's CFO Tom Staggs and Disney parks chief Jay Rasulo to flip jobs
Tom Staggs, the highly regarded chief financial officer of Walt Disney Co. and close associate to Disney CEO Bob Iger, is trading places with Jay Rasulo, the head of Disney's parks and resorts business.
Iger orchestrated the surprise job swap to afford both executives "greater breadth and depth of experience," according to a company insider.
Disney is releasing third quarter results today after the market closes.
Both executives are longtime Disney vets, who each began their careers at the Mouse House in strategic planning.
Tom Staggs, the highly regarded chief financial officer of Walt Disney Co. and close associate to Disney CEO Bob Iger, is trading places with Jay Rasulo, the head of Disney's parks and resorts business.
Iger orchestrated the surprise job swap to afford both executives "greater breadth and depth of experience," according to a company insider.
Disney is releasing third quarter results today after the market closes.
Both executives are longtime Disney vets, who each began their careers at the Mouse House in strategic planning.
RT @MiceChat Jay Rasulo out as head of Disney Parks and Resorts, current Disney CFO to replace him. Jay Rasulo To Leave Parks For CFO Position! - MiceChat
