New York Times reports that Staggs didn't have confidence of Disney board

Posted | Contributed by Jeff

From the article:

In mid-March, Mr. Iger summoned Mr. Staggs to his office and dropped a bombshell: Mr. Staggs lacked the full confidence of both Mr. Iger and the Disney board, which had been discussing Mr. Staggs’s performance at recent board meetings. Mr. Iger told him Disney was going to broaden its search for his successor.

Read more from The New York Times.

also from the article:

"And then there is Disney’s most ambitious project of all: the imminent unveiling of its $5.5 billion Shanghai Disneyland resort, Mr. Staggs’s major achievement as theme park chairman."

and

"Mr. Staggs’s contract provides for a six-month period as a consultant. He will not be present on June 16 for the gala opening of the Shanghai Disneyland Resort in China, his signature achievement (emphasis added) during his tenure at Disney."

I'll leave that right there until 16/6/16

Last edited by CreditWh0re,
Jeff's avatar

What are you implying? That his achievement isn't an achievement?


Jeff - Editor - CoasterBuzz.com - My Blog

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