Thomas Staggs

Disney may make James Murdoch CEO

The Walt Disney Company is giving serious thought to appointing James Murdoch as its next CEO, providing the Mouse House closes a deal for 21st Century Fox’s entertainment arm. According to a report in the Financial Times, current Fox CEO Murdoch (pictured) and his father, Rupert Murdoch, could take “senior roles” at Disney if its […]

Disney Parks chief key contender for CEO post

Bob Chapek, chairman of parks and resorts at Disney, is emerging as the most likely candidate for CEO Bob Iger, according to reports. Iger has postponed retirement for three years and it’s looking like that he will soon step down making way for Chapek, according to Bloomberg. Iger is scheduled to retire in July 2019. […]

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 […]

Iger: no plans to extend Disney CEO tenure

The future leadership of The Walt Disney Company remains in flux after current CEO and chairman Bob Iger told investors he “currently” has no plans to extend his contract. Disney was expected to install Thomas Staggs in the top post when Iger’s contract runs out in 2018, but Staggs’ exit has thrown plans into chaos. […]

Disney CEO heir apparent to leave

Thomas Staggs is leaving The Walt Disney Company, throwing out the media giant’s apparent plan for him to become CEO in two years’ time. Staggs had been considered the front runner to succeed Bob Iger as Disney chairman and CEO in 2018, when Iger is expected to retire, after he was made COO at the […]

Hulu investment pledge as firm makes loss

Hulu made an equity loss in the quarter ending October 3 due to higher content and marketing costs, but the company’s owners plan to continue to up investment in the business. Announcing its fiscal fourth quarter and full year results, The Walt Disney Company – one of Hulu’s three co-owners – said that it was optimistic […]

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 […]

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 […]