Jay Rasulo

Iger ‘open’ to extending Disney CEO run

The Walt Disney Company chairman and CEO Bob Iger is “open” to postponing his retirement and staying in his role beyond his current 2018 exit date. The saga over Iger’s successor has been running for nearly half a decade, with the widely-respected executive previously postponing an expected 2016 retirement date to remain until June next […]

Rasulo to remain with Disney on full pay

The Walt Disney Company’s outgoing CFO, Jay Rasulo, will now remain with the media giant as an advisor to chairman and CEO Bob Iger. A filing to the Securities and Exchange Commission revealed Rasulo (pictured) would keep his current salary and bonus target structure in the consultancy post. He earned US$16.2 million in the 2014 […]

Staggs in pole for Disney CEO role

Thomas Staggs has been named COO of The Walt Disney Company, positioning him as likely successor to incumbent CEO Bob Iger. Staggs assumes the role while retaining his post as Walt Disney Parks and Resorts chairman until a replacement is found. The move means he is now perfectly positioned to succeed Iger in mid-2018, when […]

Disney buys Maker for initial $500m

The Walt Disney Company has made the largest investment a traditional media giant has yet gambled on a digital multichannel network (MCN) by acquiring Maker Studios. The Mouse House has agreed to pay an initial US$500 million to acquire the US-based YouTube channels operator, whose shareholders will also receive an additional performance-related US$450 million if […]

Disney/ABC chief Sweeney to exit post

Disney/ABC Television Group president and Disney Media Networks co-chair Anne Sweeney is to leave the company to become a TV director. Sweeney, who joined Disney in 1996, will step down in January 2015. The Disney/ABC Television Group includes broadcast channel ABC, cable net ABC Family, kids channel Disney Channel, the Disney Channels Worldwide business and […]