Posted Tuesday, December 20, 2011 8:49 AM | Contributed by Jeff
The Walt Disney Co. has given the former president of its time-share business a consulting deal and written him a letter of recommendation just four months after the company forced him out because of errors made in the financial planning of an $850 million resort in Hawaii. In the letter, Tom Staggs, the chairman of Disney's global theme-park division, heaps praise on Jim Lewis, who was ousted as president of Disney Vacation Club on Aug. 12. Staggs calls Lewis the "chief strategist" during a period in which Disney's time-share revenue and operating income more than doubled.
Read more from The Orlando Sentinel.