Monday, April 04, 2016

Tom Staggs To Leave Disney

In a development that blindsided many people, including me, COO Tom Staggs will be stepping down from the COO position at Disney on May 6, and will leave Disney completely by September.

A source said Staggs, 55, made the decision to leave after pressing for a formal commitment from the Disney board about his future ascent to the throne. When that didn’t come, the executive came to the decision that he did not want to wait another two years and that it was time to move on.

This is definitely a shocker, since Staggs was highly regarded as the apparent successor to Bob Iger when Iger steps down at CEO in 2018.


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