It is being widely reported that Jay Rasulo, Walt Disney Company Chief Financial Officer, will resign at the end of June 2015.
Rasulo had been tipped as a possible successor to CEO Bob Iger, but the recent appointment of Tom Staggs as Disney No. 2 put Rasulo's future at the company in doubt.
Disney has said that Rasulo will stay on at the company as an advisor assisting CEO Bob Iger with the transition. No replacement for the CFO position has yet been announced.
“Jay has been a valued colleague and friend, as well as a vital contributor to Disney’s success, particularly in his roles as chief financial officer and chairman of our Parks and Resorts division,” Iger said in a statement. “I look forward to working with him in this new advisory role, where his strategic acumen and savvy insight will continue to benefit the company.”
Rasulo joined Disney in 1986 as Director, Strategic Planning and Development and moved through the company, taking the position of CFO in January 2010.
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