Thomas O. Staggs is chairman of Walt Disney Parks and Resorts and presides over the company's worldwide vacation and travel businesses, which include 11 theme parks at five destination resorts in the United States, Europe and Asia; a top-rated cruise line; a popular vacation-ownership program; and award-winning guided family adventures to destinations around the globe. Mr. Staggs began his current role on January 1, 2010.
Staggs was most recently senior executive vice president and chief financial officer of The Walt Disney Company, where he oversaw the company's worldwide finance organization, corporate strategy and development, brand management, acquisitions, corporate alliances, investor relations, treasury and risk management activities, controller functions, information systems, corporate outreach, real estate and taxes.
He played an important role in a wide variety of Disney's strategic and operating initiatives and various Disney strategic joint ventures and corporate transactions, including the acquisitions of Capital Cities/ABC, Pixar Animation Studios and Marvel Entertainment. As CFO, he spearheaded Disney's realignment of its performance goals toward the combination of profit growth and strong long term capital returns and free cash flow. He also led the Company's efforts to drive greater cost and capital efficiency throughout the organization and to put in place well-received company-wide environmental and healthy food policies.
Staggs joined Disney in 1990 as Manager of Strategic Planning and soon advanced through a series of positions of increased responsibility, becoming Senior Vice President of Strategic Planning and Development in 1995 before becoming CFO and Executive Vice President in 1998. Born in Illinois, Staggs received a BS in business from University of Minnesota and an MBA from Stanford Graduate School of Business. He worked in investment banking at Morgan Stanley & Co. before joining Disney.