Nikki Finke on Deadline Hollywood is reporting that Rasulo is no longer going to be Chairman of Parks and Resorts. Before we all start rejoicing, he is moving over to be CFO of the company. In an interesting job switch, he is swapping places with current SVP/CFO Tom Staggs.
Curiouser and Curiouser...
Info from LA Times added -
More at: Company Town | Disney's CFO Tom Staggs and Disney parks chief Jay Rasulo to flip jobs | Los Angeles TimesDisney's CFO Tom Staggs and Disney parks chief Jay Rasulo to flip jobs
Tom Staggs, the highly regarded chief financial officer of Walt Disney Co. and close associate to Disney CEO Bob Iger, is trading places with Jay Rasulo, the head of Disney's parks and resorts business.
Iger orchestrated the surprise job swap to afford both executives "greater breadth and depth of experience," according to a company insider.
Disney is releasing third quarter results today after the market closes.
Both executives are longtime Disney vets, who each began their careers at the Mouse House in strategic planning.
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