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Friday, September 7, 2018

Tom Staggs - pick # 309 as a Disney Legend

Executive Thomas Staggs is my 309th choice to be named a Disney Legend. From his Wikipedia page:

Joining Disney in 1990, Staggs rose from his role as a manager of strategic planning to senior vice president of strategic planning and development in 1995. Staggs became executive vice president and chief financial officer in 1998, and became Senior Executive Vice President and CFO in January 2000. As CFO, Staggs was instrumental in purchasing Pixar for $7.4 billion in 2006 as well as acquiring Marvel Entertainment for $4 billion in 2009.

On January 1, 2010, Staggs became Chairman of Walt Disney Parks and Resorts, overseeing the company's theme parks, cruise lines, and the vacation-ownership program along with roughly 130,000 employees.

On February 5, 2015, Staggs was named chief operating officer of The Walt Disney Company. Many news outlets began calling Staggs the heir apparent to Bob Iger as the Disney CEO.On April 4, 2016, Disney announced that Staggs and the company had agreed to mutually part ways. Staggs stepped down as COO, effective May 6, 2016. Staggs remained with the company as a "Special Advisor to the CEO", Bob Iger, through the end of the fiscal year. It was reported that Staggs failed to receive assurances from the board to succeed Iger, as the board decided instead to widen the executive search, while Iger also did not persuade Staggs to stay on.


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