Disney has confirmed that Jay Rasulo will step down from his position as Chief Financial Officer of the Walt Disney Company effective June 30th.
Rasulo was recently passed over for the position of Chief Operating Officer in favor of Tom Staggs, former head of Walt Disney Parks & Resorts, with whom he switched jobs in 2010. The person in the COO position is considered to be the front-runner to fill the Chief Executive Officer position when Bob Iger steps down in 2018.
Rasulo will remain in an advisory role to Iger until a replacement is found.
Iger adds, “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.”
